Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.12% first-year return on $179k initial cash invested.
-24.12%
Cash On Cash
1.42%
Cap Rate
0.22
DSCR
$2,032
Rent
-$3,588
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,032 income − $5,620 expenses = $3,588 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$170k
Closing costs
1%
$8,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,032
Total Expenses
$5,620
Mortgage P&I
221%
$4,495
Property Taxes
15%
$298
Home Insurance
15%
$298
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0