Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.37% first-year return on $61,194 initial cash invested.
-5.37%
Cash On Cash
5.32%
Cap Rate
0.89
DSCR
$2,341
Rent
-$274
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,341 income − $2,615 expenses = $274 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,194
Downpayment
20%
$58,280
Closing costs
1%
$2,914
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,341
Total Expenses
$2,615
Mortgage P&I
62%
$1,450
Property Taxes
19%
$449
Home Insurance
5%
$108
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0