Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $66,090 initial cash invested.
-3.4%
Cash On Cash
6.04%
Cap Rate
0.91
DSCR
$1,875
Rent
-$187
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,875 income − $2,062 expenses = $187 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,875
Total Expenses
$2,062
Mortgage P&I
67%
$1,265
Property Taxes
4%
$80
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206