Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -10.88% first-year return on $220k initial cash invested.
-10.88%
Cash On Cash
3.92%
Cap Rate
0.64
DSCR
$6,224
Rent
-$1,990
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,224 income − $8,214 expenses = $1,990 out of pocket
Investment Breakdown
|
Purchase Price
$960k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$220k
Downpayment
20%
$192k
Closing costs
1%
$9,596
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,224
Total Expenses
$8,214
Mortgage P&I
78%
$4,872
Property Taxes
12%
$754
Home Insurance
6%
$348
HOA
2%
$123
Property Management
12%
$747
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$685