Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -17.84% first-year return on $429k initial cash invested.
-17.84%
Cash On Cash
2.22%
Cap Rate
0.37
DSCR
$7,512
Rent
-$6,382
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,512 income − $13,894 expenses = $6,382 out of pocket
Investment Breakdown
|
Purchase Price
$1958k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$429k
Downpayment
20%
$392k
Closing costs
1%
$19,583
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,512
Total Expenses
$13,894
Mortgage P&I
129%
$9,697
Property Taxes
13%
$946
Home Insurance
9%
$699
HOA
0%
$0
Property Management
12%
$901
CapEx
4%
$300
Vacancy
3%
$225
Maintenance
4%
$300
Other
11%
$826