Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -9.64% first-year return on $291k initial cash invested.
-9.64%
Cash On Cash
4.17%
Cap Rate
0.69
DSCR
$7,334
Rent
-$2,338
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,334 income − $9,672 expenses = $2,338 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,334
Total Expenses
$9,672
Mortgage P&I
89%
$6,558
Property Taxes
2%
$166
Home Insurance
6%
$455
HOA
0%
$0
Property Management
12%
$880
CapEx
4%
$293
Vacancy
3%
$220
Maintenance
4%
$293
Other
11%
$807