Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -21.76% first-year return on $493k initial cash invested.
-21.76%
Cash On Cash
1.42%
Cap Rate
0.24
DSCR
$6,060
Rent
-$8,948
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,060 income − $15,008 expenses = $8,948 out of pocket
Investment Breakdown
|
Purchase Price
$2264k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$493k
Downpayment
20%
$453k
Closing costs
1%
$22,641
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,060
Total Expenses
$15,008
Mortgage P&I
188%
$11,384
Property Taxes
12%
$728
Home Insurance
14%
$836
HOA
0%
$0
Property Management
12%
$727
CapEx
4%
$242
Vacancy
3%
$182
Maintenance
4%
$242
Other
11%
$667