Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.71% first-year return on $142k initial cash invested.
-2.71%
Cash On Cash
5.68%
Cap Rate
0.96
DSCR
$4,730
Rent
-$320
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,730 income − $5,050 expenses = $320 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,730
Total Expenses
$5,050
Mortgage P&I
62%
$2,918
Property Taxes
7%
$318
Home Insurance
4%
$206
HOA
0%
$0
Property Management
12%
$568
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520