Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -28.3% first-year return on $231k initial cash invested.
-28.3%
Cash On Cash
0.37%
Cap Rate
0.06
DSCR
$2,520
Rent
-$5,448
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,520 income − $7,968 expenses = $5,448 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,520
Total Expenses
$7,968
Mortgage P&I
225%
$5,659
Property Taxes
37%
$944
Home Insurance
15%
$385
HOA
13%
$325
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0