Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -19.28% first-year return on $121k initial cash invested.
-19.28%
Cash On Cash
1.36%
Cap Rate
0.23
DSCR
$1,248
Rent
-$1,939
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,248 income − $3,187 expenses = $1,939 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,248
Total Expenses
$3,187
Mortgage P&I
196%
$2,442
Property Taxes
12%
$150
Home Insurance
14%
$171
HOA
0%
$0
Property Management
12%
$150
CapEx
4%
$50
Vacancy
3%
$37
Maintenance
4%
$50
Other
11%
$137