Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.42% first-year return on $113k initial cash invested.
-3.42%
Cash On Cash
5.49%
Cap Rate
0.92
DSCR
$3,534
Rent
-$321
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,534 income − $3,855 expenses = $321 out of pocket
Investment Breakdown
|
Purchase Price
$450k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,000
Closing costs
1%
$4,500
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,534
Total Expenses
$3,855
Mortgage P&I
63%
$2,239
Property Taxes
1%
$40
Home Insurance
4%
$158
HOA
6%
$217
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389