Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -18.83% first-year return on $484k initial cash invested.
-18.83%
Cash On Cash
2.06%
Cap Rate
0.34
DSCR
$6,831
Rent
-$7,597
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,831 income − $14,428 expenses = $7,597 out of pocket
Investment Breakdown
|
Purchase Price
$2220k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$484k
Downpayment
20%
$444k
Closing costs
1%
$22,200
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,831
Total Expenses
$14,428
Mortgage P&I
163%
$11,129
Property Taxes
3%
$200
Home Insurance
11%
$777
HOA
0%
$0
Property Management
12%
$820
CapEx
4%
$273
Vacancy
3%
$205
Maintenance
4%
$273
Other
11%
$751