Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $88,830 initial cash invested.
-9.88%
Cash On Cash
4.14%
Cap Rate
0.7
DSCR
$2,330
Rent
-$731
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,330 income − $3,061 expenses = $731 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,830
Downpayment
20%
$84,600
Closing costs
1%
$4,230
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,330
Total Expenses
$3,061
Mortgage P&I
89%
$2,073
Property Taxes
10%
$233
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0