Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -1.38% first-year return on $62,664 initial cash invested.
-1.38%
Cash On Cash
6.06%
Cap Rate
1.04
DSCR
$2,492
Rent
-$72
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,664
Downpayment
20%
$59,680
Closing costs
1%
$2,984
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,492
Total Expenses
$2,564
Mortgage P&I
58%
$1,454
Property Taxes
14%
$356
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0