Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.04% first-year return on $294k initial cash invested.
-18.04%
Cash On Cash
2.36%
Cap Rate
0.4
DSCR
$4,805
Rent
-$4,421
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,805 income − $9,226 expenses = $4,421 out of pocket
Investment Breakdown
|
Purchase Price
$1400k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$280k
Closing costs
1%
$14,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,805
Total Expenses
$9,226
Mortgage P&I
144%
$6,930
Property Taxes
12%
$558
Home Insurance
10%
$490
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0