Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -20.39% first-year return on $116k initial cash invested.
-20.39%
Cash On Cash
1.98%
Cap Rate
0.33
DSCR
$2,042
Rent
-$1,963
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,042 income − $4,005 expenses = $1,963 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,042
Total Expenses
$4,005
Mortgage P&I
136%
$2,768
Property Taxes
25%
$514
Home Insurance
9%
$192
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0