Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -1.85% first-year return on $61,005 initial cash invested.
-1.85%
Cash On Cash
6.09%
Cap Rate
1.02
DSCR
$2,501
Rent
-$94
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,501 income − $2,595 expenses = $94 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,005
Downpayment
20%
$58,100
Closing costs
1%
$2,905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,501
Total Expenses
$2,595
Mortgage P&I
58%
$1,444
Property Taxes
16%
$398
Home Insurance
4%
$103
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0