Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -14.2% first-year return on $224k initial cash invested.
-14.2%
Cash On Cash
3.86%
Cap Rate
0.57
DSCR
$6,228
Rent
-$2,646
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,228 income − $8,874 expenses = $2,646 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,228
Total Expenses
$8,874
Mortgage P&I
89%
$5,549
Property Taxes
14%
$865
Home Insurance
6%
$343
HOA
0%
$0
Property Management
12%
$747
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$685