Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -5.5% first-year return on $203k initial cash invested.
-5.5%
Cash On Cash
5.08%
Cap Rate
0.84
DSCR
$6,054
Rent
-$929
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,054 income − $6,983 expenses = $929 out of pocket
Investment Breakdown
|
Purchase Price
$880k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$176k
Closing costs
1%
$8,797
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,054
Total Expenses
$6,983
Mortgage P&I
73%
$4,413
Property Taxes
3%
$199
Home Insurance
5%
$313
HOA
0%
$0
Property Management
12%
$726
CapEx
4%
$242
Vacancy
3%
$182
Maintenance
4%
$242
Other
11%
$666