Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.54% first-year return on $107k initial cash invested.
-3.54%
Cash On Cash
6.4%
Cap Rate
0.94
DSCR
$4,059
Rent
-$316
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,059 income − $4,375 expenses = $316 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,780
Closing costs
1%
$4,239
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,059
Total Expenses
$4,375
Mortgage P&I
60%
$2,416
Property Taxes
10%
$410
Home Insurance
4%
$170
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446