Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -6.44% first-year return on $224k initial cash invested.
-6.44%
Cash On Cash
4.8%
Cap Rate
0.81
DSCR
$6,432
Rent
-$1,201
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,432 income − $7,633 expenses = $1,201 out of pocket
Investment Breakdown
|
Purchase Price
$980k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,800
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,432
Total Expenses
$7,633
Mortgage P&I
76%
$4,861
Property Taxes
4%
$242
Home Insurance
5%
$343
HOA
0%
$0
Property Management
12%
$772
CapEx
4%
$257
Vacancy
3%
$193
Maintenance
4%
$257
Other
11%
$708