Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.2% first-year return on $104k initial cash invested.
-6.2%
Cash On Cash
5.02%
Cap Rate
0.8
DSCR
$2,952
Rent
-$535
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,952 income − $3,487 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,500
Closing costs
1%
$4,075
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,952
Total Expenses
$3,487
Mortgage P&I
72%
$2,121
Property Taxes
7%
$215
Home Insurance
5%
$147
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325