Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -7.3% first-year return on $267k initial cash invested.
-7.3%
Cash On Cash
5.59%
Cap Rate
0.82
DSCR
$9,680
Rent
-$1,624
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,680 income − $11,304 expenses = $1,624 out of pocket
Investment Breakdown
|
Purchase Price
$1185k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$267k
Downpayment
20%
$237k
Closing costs
1%
$11,850
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$9,680
Total Expenses
$11,304
Mortgage P&I
70%
$6,760
Property Taxes
9%
$838
Home Insurance
4%
$415
HOA
0%
$0
Property Management
12%
$1,162
CapEx
4%
$387
Vacancy
3%
$290
Maintenance
4%
$387
Other
11%
$1,065