Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.62% first-year return on $50,820 initial cash invested.
-5.62%
Cash On Cash
5.71%
Cap Rate
0.9
DSCR
$2,196
Rent
-$238
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,196 income − $2,434 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,820
Downpayment
20%
$48,400
Closing costs
1%
$2,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,196
Total Expenses
$2,434
Mortgage P&I
58%
$1,279
Property Taxes
23%
$497
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0