Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -11.74% first-year return on $275k initial cash invested.
-11.74%
Cash On Cash
3.65%
Cap Rate
0.61
DSCR
$7,490
Rent
-$2,689
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,490 income − $10,179 expenses = $2,689 out of pocket
Investment Breakdown
|
Purchase Price
$1224k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$275k
Downpayment
20%
$245k
Closing costs
1%
$12,236
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,490
Total Expenses
$10,179
Mortgage P&I
82%
$6,108
Property Taxes
14%
$1,085
Home Insurance
6%
$438
HOA
0%
$0
Property Management
12%
$899
CapEx
4%
$300
Vacancy
3%
$225
Maintenance
4%
$300
Other
11%
$824