Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.57% first-year return on $121k initial cash invested.
-3.57%
Cash On Cash
5.5%
Cap Rate
0.92
DSCR
$3,832
Rent
-$360
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,832 income − $4,192 expenses = $360 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,080
Closing costs
1%
$4,904
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,832
Total Expenses
$4,192
Mortgage P&I
64%
$2,455
Property Taxes
6%
$239
Home Insurance
5%
$175
HOA
1%
$20
Property Management
12%
$460
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$422