Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.41% first-year return on $108k initial cash invested.
-3.41%
Cash On Cash
5.63%
Cap Rate
0.92
DSCR
$3,248
Rent
-$307
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,248 income − $3,555 expenses = $307 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,800
Closing costs
1%
$4,290
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$3,555
Mortgage P&I
67%
$2,189
Property Taxes
3%
$112
Home Insurance
5%
$150
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357