Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -10% first-year return on $220k initial cash invested.
-10%
Cash On Cash
4.05%
Cap Rate
0.67
DSCR
$6,248
Rent
-$1,832
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,248 income − $8,080 expenses = $1,832 out of pocket
Investment Breakdown
|
Purchase Price
$961k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$192k
Closing costs
1%
$9,608
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,248
Total Expenses
$8,080
Mortgage P&I
77%
$4,822
Property Taxes
13%
$802
Home Insurance
5%
$332
HOA
0%
$0
Property Management
12%
$750
CapEx
4%
$250
Vacancy
3%
$187
Maintenance
4%
$250
Other
11%
$687