Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -10.42% first-year return on $142k initial cash invested.
-10.42%
Cash On Cash
4.79%
Cap Rate
0.7
DSCR
$5,010
Rent
-$1,229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,010 income − $6,239 expenses = $1,229 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,884
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,010
Total Expenses
$6,239
Mortgage P&I
67%
$3,376
Property Taxes
19%
$951
Home Insurance
4%
$210
HOA
0%
$0
Property Management
12%
$601
CapEx
4%
$200
Vacancy
3%
$150
Maintenance
4%
$200
Other
11%
$551