Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -10.51% first-year return on $246k initial cash invested.
-10.51%
Cash On Cash
3.87%
Cap Rate
0.65
DSCR
$6,424
Rent
-$2,156
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,424 income − $8,580 expenses = $2,156 out of pocket
Investment Breakdown
|
Purchase Price
$1086k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$246k
Downpayment
20%
$217k
Closing costs
1%
$10,861
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,424
Total Expenses
$8,580
Mortgage P&I
84%
$5,405
Property Taxes
9%
$605
Home Insurance
6%
$385
HOA
0%
$0
Property Management
12%
$771
CapEx
4%
$257
Vacancy
3%
$193
Maintenance
4%
$257
Other
11%
$707