Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -12.53% first-year return on $470k initial cash invested.
-12.53%
Cash On Cash
3.59%
Cap Rate
0.59
DSCR
$11,342
Rent
-$4,908
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,342 income − $16,250 expenses = $4,908 out of pocket
Investment Breakdown
|
Purchase Price
$2153k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$470k
Downpayment
20%
$431k
Closing costs
1%
$21,528
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,342
Total Expenses
$16,250
Mortgage P&I
96%
$10,893
Property Taxes
8%
$852
Home Insurance
6%
$648
HOA
0%
$0
Property Management
12%
$1,361
CapEx
4%
$454
Vacancy
3%
$340
Maintenance
4%
$454
Other
11%
$1,248