Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.1% first-year return on $62,790 initial cash invested.
-6.1%
Cash On Cash
5.11%
Cap Rate
0.85
DSCR
$1,981
Rent
-$319
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,981 income − $2,300 expenses = $319 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,981
Total Expenses
$2,300
Mortgage P&I
75%
$1,492
Property Taxes
9%
$188
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0