Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -17.87% first-year return on $637k initial cash invested.
-17.87%
Cash On Cash
2.43%
Cap Rate
0.4
DSCR
$11,826
Rent
-$9,487
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,826 income − $21,313 expenses = $9,487 out of pocket
Investment Breakdown
|
Purchase Price
$2949k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$637k
Downpayment
20%
$590k
Closing costs
1%
$29,487
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,826
Total Expenses
$21,313
Mortgage P&I
127%
$14,983
Property Taxes
11%
$1,259
Home Insurance
9%
$1,050
HOA
0%
$0
Property Management
12%
$1,419
CapEx
4%
$473
Vacancy
3%
$355
Maintenance
4%
$473
Other
11%
$1,301