Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -9.39% first-year return on $224k initial cash invested.
-9.39%
Cash On Cash
4.2%
Cap Rate
0.7
DSCR
$7,564
Rent
-$1,755
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,564 income − $9,319 expenses = $1,755 out of pocket
Investment Breakdown
|
Purchase Price
$983k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$197k
Closing costs
1%
$9,827
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,564
Total Expenses
$9,319
Mortgage P&I
65%
$4,892
Property Taxes
20%
$1,511
Home Insurance
5%
$343
HOA
0%
$0
Property Management
12%
$908
CapEx
4%
$303
Vacancy
3%
$227
Maintenance
4%
$303
Other
11%
$832