Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -7.58% first-year return on $354k initial cash invested.
-7.58%
Cash On Cash
4.7%
Cap Rate
0.77
DSCR
$10,082
Rent
-$2,237
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,082 income − $12,319 expenses = $2,237 out of pocket
Investment Breakdown
|
Purchase Price
$1600k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$16,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,082
Total Expenses
$12,319
Mortgage P&I
80%
$8,101
Property Taxes
2%
$231
Home Insurance
6%
$560
HOA
0%
$0
Property Management
12%
$1,210
CapEx
4%
$403
Vacancy
3%
$302
Maintenance
4%
$403
Other
11%
$1,109