Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -11.69% first-year return on $141k initial cash invested.
-11.69%
Cash On Cash
3.43%
Cap Rate
0.59
DSCR
$4,638
Rent
-$1,377
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,638 income − $6,015 expenses = $1,377 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$118k
Closing costs
1%
$5,875
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,638
Total Expenses
$6,015
Mortgage P&I
62%
$2,871
Property Taxes
29%
$1,358
Home Insurance
4%
$208
HOA
0%
$0
Property Management
12%
$557
CapEx
4%
$186
Vacancy
3%
$139
Maintenance
4%
$186
Other
11%
$510