Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.14% first-year return on $121k initial cash invested.
-2.14%
Cash On Cash
5.91%
Cap Rate
0.98
DSCR
$3,972
Rent
-$216
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,972 income − $4,188 expenses = $216 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,000
Closing costs
1%
$4,900
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,972
Total Expenses
$4,188
Mortgage P&I
62%
$2,470
Property Taxes
5%
$195
Home Insurance
4%
$172
HOA
0%
$0
Property Management
12%
$477
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437