Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -5.59% first-year return on $198k initial cash invested.
-5.59%
Cash On Cash
5.04%
Cap Rate
0.84
DSCR
$6,496
Rent
-$920
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,496 income − $7,416 expenses = $920 out of pocket
Investment Breakdown
|
Purchase Price
$855k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$198k
Downpayment
20%
$171k
Closing costs
1%
$8,550
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,496
Total Expenses
$7,416
Mortgage P&I
65%
$4,250
Property Taxes
10%
$659
Home Insurance
5%
$297
HOA
0%
$0
Property Management
12%
$780
CapEx
4%
$260
Vacancy
3%
$195
Maintenance
4%
$260
Other
11%
$715