Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.04% first-year return on $354k initial cash invested.
-6.04%
Cash On Cash
4.96%
Cap Rate
0.83
DSCR
$10,460
Rent
-$1,780
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,460 income − $12,240 expenses = $1,780 out of pocket
Investment Breakdown
|
Purchase Price
$1599k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$354k
Downpayment
20%
$320k
Closing costs
1%
$15,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,460
Total Expenses
$12,240
Mortgage P&I
76%
$7,971
Property Taxes
1%
$153
Home Insurance
5%
$560
HOA
0%
$0
Property Management
12%
$1,255
CapEx
4%
$418
Vacancy
3%
$314
Maintenance
4%
$418
Other
11%
$1,151