Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -16.94% first-year return on $400k initial cash invested.
-16.94%
Cash On Cash
2.47%
Cap Rate
0.41
DSCR
$8,388
Rent
-$5,650
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,388 income − $14,038 expenses = $5,650 out of pocket
Investment Breakdown
|
Purchase Price
$1820k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$400k
Downpayment
20%
$364k
Closing costs
1%
$18,198
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,388
Total Expenses
$14,038
Mortgage P&I
108%
$9,061
Property Taxes
14%
$1,195
Home Insurance
8%
$663
HOA
3%
$265
Property Management
12%
$1,007
CapEx
4%
$336
Vacancy
3%
$252
Maintenance
4%
$336
Other
11%
$923