Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.5% first-year return on $114k initial cash invested.
-3.5%
Cash On Cash
5.63%
Cap Rate
0.92
DSCR
$3,639
Rent
-$332
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,639 income − $3,971 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$456k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$91,200
Closing costs
1%
$4,560
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,639
Total Expenses
$3,971
Mortgage P&I
64%
$2,326
Property Taxes
7%
$244
Home Insurance
4%
$163
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$400