Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.67% first-year return on $120k initial cash invested.
-14.67%
Cash On Cash
3.24%
Cap Rate
0.54
DSCR
$3,218
Rent
-$1,471
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,218 income − $4,689 expenses = $1,471 out of pocket
Investment Breakdown
|
Purchase Price
$573k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$115k
Closing costs
1%
$5,729
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,218
Total Expenses
$4,689
Mortgage P&I
89%
$2,855
Property Taxes
25%
$794
Home Insurance
6%
$203
HOA
0%
$0
Property Management
10%
$322
CapEx
5%
$161
Vacancy
6%
$193
Maintenance
5%
$161
Other
0%
$0