Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.87% first-year return on $88,683 initial cash invested.
-10.87%
Cash On Cash
4.3%
Cap Rate
0.69
DSCR
$2,434
Rent
-$803
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,434 income − $3,237 expenses = $803 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,683
Downpayment
20%
$84,460
Closing costs
1%
$4,223
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,434
Total Expenses
$3,237
Mortgage P&I
90%
$2,193
Property Taxes
10%
$236
Home Insurance
6%
$154
HOA
1%
$21
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0