Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -13.49% first-year return on $249k initial cash invested.
-13.49%
Cash On Cash
3.17%
Cap Rate
0.53
DSCR
$6,030
Rent
-$2,794
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,030 income − $8,824 expenses = $2,794 out of pocket
Investment Breakdown
|
Purchase Price
$1098k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$249k
Downpayment
20%
$220k
Closing costs
1%
$10,980
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,030
Total Expenses
$8,824
Mortgage P&I
90%
$5,450
Property Taxes
16%
$939
Home Insurance
6%
$385
HOA
0%
$0
Property Management
12%
$724
CapEx
4%
$241
Vacancy
3%
$181
Maintenance
4%
$241
Other
11%
$663