Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -4.24% first-year return on $89,400 initial cash invested.
-4.24%
Cash On Cash
5.44%
Cap Rate
0.89
DSCR
$2,898
Rent
-$316
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,898 income − $3,214 expenses = $316 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,898
Total Expenses
$3,214
Mortgage P&I
60%
$1,742
Property Taxes
13%
$367
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319