Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.15% first-year return on $121k initial cash invested.
-3.15%
Cash On Cash
5.6%
Cap Rate
0.93
DSCR
$3,716
Rent
-$317
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,716 income − $4,033 expenses = $317 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,840
Closing costs
1%
$4,892
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,716
Total Expenses
$4,033
Mortgage P&I
66%
$2,449
Property Taxes
4%
$148
Home Insurance
5%
$172
HOA
0%
$0
Property Management
12%
$446
CapEx
4%
$149
Vacancy
3%
$111
Maintenance
4%
$149
Other
11%
$409