Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -27.97% first-year return on $627k initial cash invested.
-27.97%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$3,250
Rent
-$14,614
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,250 income − $17,864 expenses = $14,614 out of pocket
Investment Breakdown
|
Purchase Price
$2900k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$627k
Downpayment
20%
$580k
Closing costs
1%
$29,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,250
Total Expenses
$17,864
Mortgage P&I
469%
$15,250
Property Taxes
15%
$493
Home Insurance
31%
$1,015
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358