Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.39% first-year return on $107k initial cash invested.
-3.39%
Cash On Cash
5.69%
Cap Rate
0.92
DSCR
$3,387
Rent
-$302
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,387 income − $3,689 expenses = $302 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,700
Closing costs
1%
$4,235
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,387
Total Expenses
$3,689
Mortgage P&I
64%
$2,174
Property Taxes
6%
$212
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$102
Maintenance
4%
$135
Other
11%
$373