Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.8% first-year return on $108k initial cash invested.
-2.8%
Cash On Cash
6.35%
Cap Rate
0.96
DSCR
$3,660
Rent
-$252
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,660 income − $3,912 expenses = $252 out of pocket
Investment Breakdown
|
Purchase Price
$428k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,660
Closing costs
1%
$4,283
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$3,912
Mortgage P&I
65%
$2,373
Property Taxes
4%
$143
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403