Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -17.48% first-year return on $613k initial cash invested.
-17.48%
Cash On Cash
2.41%
Cap Rate
0.4
DSCR
$10,890
Rent
-$8,929
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,890 income − $19,819 expenses = $8,929 out of pocket
Investment Breakdown
|
Purchase Price
$2833k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$613k
Downpayment
20%
$567k
Closing costs
1%
$28,333
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,890
Total Expenses
$19,819
Mortgage P&I
130%
$14,172
Property Taxes
8%
$911
Home Insurance
9%
$1,032
HOA
0%
$0
Property Management
12%
$1,307
CapEx
4%
$436
Vacancy
3%
$327
Maintenance
4%
$436
Other
11%
$1,198