Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -8.35% first-year return on $278k initial cash invested.
-8.35%
Cash On Cash
4.42%
Cap Rate
0.74
DSCR
$7,904
Rent
-$1,936
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,904 income − $9,840 expenses = $1,936 out of pocket
Investment Breakdown
|
Purchase Price
$1240k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$278k
Downpayment
20%
$248k
Closing costs
1%
$12,399
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,904
Total Expenses
$9,840
Mortgage P&I
78%
$6,184
Property Taxes
7%
$536
Home Insurance
5%
$434
HOA
0%
$0
Property Management
12%
$948
CapEx
4%
$316
Vacancy
3%
$237
Maintenance
4%
$316
Other
11%
$869