Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -9.63% first-year return on $355k initial cash invested.
-9.63%
Cash On Cash
4.2%
Cap Rate
0.69
DSCR
$9,172
Rent
-$2,850
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,172 income − $12,022 expenses = $2,850 out of pocket
Investment Breakdown
|
Purchase Price
$1605k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$355k
Downpayment
20%
$321k
Closing costs
1%
$16,047
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,172
Total Expenses
$12,022
Mortgage P&I
88%
$8,100
Property Taxes
3%
$278
Home Insurance
6%
$525
HOA
0%
$0
Property Management
12%
$1,101
CapEx
4%
$367
Vacancy
3%
$275
Maintenance
4%
$367
Other
11%
$1,009