Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.91% first-year return on $121k initial cash invested.
-2.91%
Cash On Cash
5.89%
Cap Rate
0.96
DSCR
$4,668
Rent
-$293
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,668 income − $4,961 expenses = $293 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.6%
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
$4,668
Total Expenses
$4,961
Mortgage P&I
54%
$2,513
Property Taxes
15%
$688
Home Insurance
4%
$173
HOA
0%
$0
Property Management
12%
$560
CapEx
4%
$187
Vacancy
3%
$140
Maintenance
4%
$187
Other
11%
$513