Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.1% first-year return on $103k initial cash invested.
-14.1%
Cash On Cash
3.47%
Cap Rate
0.57
DSCR
$2,504
Rent
-$1,208
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,504 income − $3,712 expenses = $1,208 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,900
Closing costs
1%
$4,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,504
Total Expenses
$3,712
Mortgage P&I
100%
$2,497
Property Taxes
16%
$390
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0