Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $294k initial cash invested.
-6.83%
Cash On Cash
4.86%
Cap Rate
0.8
DSCR
$8,950
Rent
-$1,673
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,950 income − $10,623 expenses = $1,673 out of pocket
Investment Breakdown
|
Purchase Price
$1314k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$294k
Downpayment
20%
$263k
Closing costs
1%
$13,135
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,950
Total Expenses
$10,623
Mortgage P&I
74%
$6,636
Property Taxes
5%
$464
Home Insurance
5%
$481
HOA
0%
$0
Property Management
12%
$1,074
CapEx
4%
$358
Vacancy
3%
$268
Maintenance
4%
$358
Other
11%
$984