Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -17.84% first-year return on $464k initial cash invested.
-17.84%
Cash On Cash
2.24%
Cap Rate
0.38
DSCR
$11,588
Rent
-$6,895
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,588 income − $18,483 expenses = $6,895 out of pocket
Investment Breakdown
|
Purchase Price
$2123k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$464k
Downpayment
20%
$425k
Closing costs
1%
$21,230
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,588
Total Expenses
$18,483
Mortgage P&I
90%
$10,389
Property Taxes
29%
$3,384
Home Insurance
7%
$768
HOA
0%
$0
Property Management
12%
$1,391
CapEx
4%
$464
Vacancy
3%
$348
Maintenance
4%
$464
Other
11%
$1,275