Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.72% first-year return on $103k initial cash invested.
-8.72%
Cash On Cash
4.93%
Cap Rate
0.78
DSCR
$3,281
Rent
-$747
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,281 income − $4,028 expenses = $747 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,880
Closing costs
1%
$4,894
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,281
Total Expenses
$4,028
Mortgage P&I
79%
$2,593
Property Taxes
11%
$372
Home Insurance
6%
$210
HOA
0%
$0
Property Management
10%
$328
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0