Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.24% first-year return on $142k initial cash invested.
-2.24%
Cash On Cash
6.04%
Cap Rate
0.99
DSCR
$5,889
Rent
-$265
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,889 income − $6,154 expenses = $265 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,889
Total Expenses
$6,154
Mortgage P&I
51%
$2,997
Property Taxes
16%
$947
Home Insurance
4%
$206
HOA
0%
$0
Property Management
12%
$707
CapEx
4%
$236
Vacancy
3%
$177
Maintenance
4%
$236
Other
11%
$648