Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -4.41% first-year return on $66,111 initial cash invested.
-4.41%
Cash On Cash
5.91%
Cap Rate
0.88
DSCR
$2,230
Rent
-$243
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,230 income − $2,473 expenses = $243 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,111
Downpayment
20%
$45,820
Closing costs
1%
$2,291
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,230
Total Expenses
$2,473
Mortgage P&I
58%
$1,283
Property Taxes
16%
$350
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$245