Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.24% first-year return on $216k initial cash invested.
-3.24%
Cash On Cash
5.67%
Cap Rate
0.94
DSCR
$7,124
Rent
-$585
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,124 income − $7,709 expenses = $585 out of pocket
Investment Breakdown
|
Purchase Price
$945k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$189k
Closing costs
1%
$9,450
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,124
Total Expenses
$7,709
Mortgage P&I
67%
$4,768
Property Taxes
3%
$187
Home Insurance
5%
$331
HOA
0%
$0
Property Management
12%
$855
CapEx
4%
$285
Vacancy
3%
$214
Maintenance
4%
$285
Other
11%
$784