Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.39% first-year return on $226k initial cash invested.
-6.39%
Cash On Cash
4.9%
Cap Rate
0.82
DSCR
$8,586
Rent
-$1,203
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,586 income − $9,789 expenses = $1,203 out of pocket
Investment Breakdown
|
Purchase Price
$990k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$226k
Downpayment
20%
$198k
Closing costs
1%
$9,898
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,586
Total Expenses
$9,789
Mortgage P&I
57%
$4,902
Property Taxes
19%
$1,619
Home Insurance
4%
$350
HOA
0%
$0
Property Management
12%
$1,030
CapEx
4%
$343
Vacancy
3%
$258
Maintenance
4%
$343
Other
11%
$944