Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -12.37% first-year return on $224k initial cash invested.
-12.37%
Cash On Cash
3.79%
Cap Rate
0.6
DSCR
$5,920
Rent
-$2,310
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,920 income − $8,230 expenses = $2,310 out of pocket
Investment Breakdown
|
Purchase Price
$981k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,814
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,920
Total Expenses
$8,230
Mortgage P&I
87%
$5,171
Property Taxes
13%
$766
Home Insurance
5%
$280
HOA
0%
$0
Property Management
12%
$710
CapEx
4%
$237
Vacancy
3%
$178
Maintenance
4%
$237
Other
11%
$651