Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -8.48% first-year return on $121k initial cash invested.
-8.48%
Cash On Cash
4.22%
Cap Rate
0.7
DSCR
$2,870
Rent
-$854
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,870 income − $3,724 expenses = $854 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,980
Closing costs
1%
$4,899
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,870
Total Expenses
$3,724
Mortgage P&I
86%
$2,461
Property Taxes
4%
$109
Home Insurance
6%
$178
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316