Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.88% first-year return on $102k initial cash invested.
-2.88%
Cash On Cash
5.71%
Cap Rate
0.95
DSCR
$3,615
Rent
-$245
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,615 income − $3,860 expenses = $245 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,615
Total Expenses
$3,860
Mortgage P&I
55%
$2,003
Property Taxes
13%
$487
Home Insurance
4%
$140
HOA
0%
$0
Property Management
12%
$434
CapEx
4%
$145
Vacancy
3%
$108
Maintenance
4%
$145
Other
11%
$398