Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -27.54% first-year return on $631k initial cash invested.
-27.54%
Cash On Cash
0.61%
Cap Rate
0.09
DSCR
$7,821
Rent
-$14,483
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,821 income − $22,304 expenses = $14,483 out of pocket
Investment Breakdown
|
Purchase Price
$2919k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$631k
Downpayment
20%
$584k
Closing costs
1%
$29,193
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,821
Total Expenses
$22,304
Mortgage P&I
200%
$15,646
Property Taxes
38%
$2,955
Home Insurance
13%
$1,043
HOA
0%
$0
Property Management
12%
$939
CapEx
4%
$313
Vacancy
3%
$235
Maintenance
4%
$313
Other
11%
$860