Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.39% first-year return on $58,800 initial cash invested.
-10.39%
Cash On Cash
4.17%
Cap Rate
0.69
DSCR
$1,415
Rent
-$509
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,415 income − $1,924 expenses = $509 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,415
Total Expenses
$1,924
Mortgage P&I
100%
$1,410
Property Taxes
3%
$47
Home Insurance
7%
$98
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0