Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -22.97% first-year return on $519k initial cash invested.
-22.97%
Cash On Cash
1.21%
Cap Rate
0.2
DSCR
$7,076
Rent
-$9,928
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,076 income − $17,004 expenses = $9,928 out of pocket
Investment Breakdown
|
Purchase Price
$2384k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$519k
Downpayment
20%
$477k
Closing costs
1%
$23,843
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,076
Total Expenses
$17,004
Mortgage P&I
170%
$12,056
Property Taxes
24%
$1,668
Home Insurance
12%
$875
HOA
0%
$0
Property Management
12%
$849
CapEx
4%
$283
Vacancy
3%
$212
Maintenance
4%
$283
Other
11%
$778