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This property looks like a bad Long-Term investment with a projected -7.28% first-year return on $57,729 initial cash invested.
-7.28%
Cash On Cash
4.91%
Cap Rate
0.81
DSCR
$1,590
Rent
-$350
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,590 income − $1,940 expenses = $350 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,590
Total Expenses
$1,940
Mortgage P&I
88%
$1,395
Property Taxes
2%
$35
Home Insurance
6%
$96
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
35 Mountain Meadows Cir, Morganton, GA 30560 | $1,200 | 1 | 1 | 403 | 7.7 mi |
124 Lake Shore Dr, Unit 2, Morganton, GA 30560 | $1,100 | 1 | 1 | 650 | 6.8 mi |
Waterside Blue Rdg, Lot 62, Morganton, GA 30560 | $1,750 | 1 | 1 | 7.7 mi | |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY