Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -19.07% first-year return on $350k initial cash invested.
-19.07%
Cash On Cash
2.6%
Cap Rate
0.39
DSCR
$6,603
Rent
-$5,561
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,603 income − $12,164 expenses = $5,561 out of pocket
Investment Breakdown
|
Purchase Price
$1580k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$350k
Downpayment
20%
$316k
Closing costs
1%
$15,802
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,603
Total Expenses
$12,164
Mortgage P&I
132%
$8,717
Property Taxes
9%
$608
Home Insurance
9%
$595
HOA
0%
$0
Property Management
12%
$792
CapEx
4%
$264
Vacancy
3%
$198
Maintenance
4%
$264
Other
11%
$726