Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -14.45% first-year return on $223k initial cash invested.
-14.45%
Cash On Cash
3.81%
Cap Rate
0.56
DSCR
$6,304
Rent
-$2,690
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,304 income − $8,994 expenses = $2,690 out of pocket
Investment Breakdown
|
Purchase Price
$978k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$196k
Closing costs
1%
$9,784
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,304
Total Expenses
$8,994
Mortgage P&I
88%
$5,545
Property Taxes
15%
$957
Home Insurance
6%
$350
HOA
0%
$0
Property Management
12%
$756
CapEx
4%
$252
Vacancy
3%
$189
Maintenance
4%
$252
Other
11%
$693