Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.23% first-year return on $229k initial cash invested.
-3.23%
Cash On Cash
5.56%
Cap Rate
0.94
DSCR
$8,126
Rent
-$616
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,126 income − $8,742 expenses = $616 out of pocket
Investment Breakdown
|
Purchase Price
$1005k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$229k
Downpayment
20%
$201k
Closing costs
1%
$10,050
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$8,126
Total Expenses
$8,742
Mortgage P&I
61%
$4,948
Property Taxes
8%
$679
Home Insurance
4%
$352
HOA
0%
$0
Property Management
12%
$975
CapEx
4%
$325
Vacancy
3%
$244
Maintenance
4%
$325
Other
11%
$894