Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -23.45% first-year return on $522k initial cash invested.
-23.45%
Cash On Cash
1%
Cap Rate
0.17
DSCR
$9,338
Rent
-$10,200
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,338 income − $19,538 expenses = $10,200 out of pocket
Investment Breakdown
|
Purchase Price
$2400k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$522k
Downpayment
20%
$480k
Closing costs
1%
$24,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,338
Total Expenses
$19,538
Mortgage P&I
127%
$11,822
Property Taxes
40%
$3,700
Home Insurance
9%
$840
HOA
0%
$0
Property Management
12%
$1,121
CapEx
4%
$374
Vacancy
3%
$280
Maintenance
4%
$374
Other
11%
$1,027