Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -15.23% first-year return on $244k initial cash invested.
-15.23%
Cash On Cash
3.16%
Cap Rate
0.5
DSCR
$6,620
Rent
-$3,094
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,620 income − $9,714 expenses = $3,094 out of pocket
Investment Breakdown
|
Purchase Price
$1075k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$244k
Downpayment
20%
$215k
Closing costs
1%
$10,751
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,620
Total Expenses
$9,714
Mortgage P&I
86%
$5,663
Property Taxes
20%
$1,328
Home Insurance
7%
$472
HOA
0%
$0
Property Management
12%
$794
CapEx
4%
$265
Vacancy
3%
$199
Maintenance
4%
$265
Other
11%
$728