Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.96% first-year return on $103k initial cash invested.
-6.96%
Cash On Cash
4.61%
Cap Rate
0.76
DSCR
$2,901
Rent
-$599
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,901 income − $3,500 expenses = $599 out of pocket
Investment Breakdown
|
Purchase Price
$406k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$81,160
Closing costs
1%
$4,058
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,901
Total Expenses
$3,500
Mortgage P&I
70%
$2,041
Property Taxes
11%
$328
Home Insurance
5%
$145
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319