Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -14.68% first-year return on $224k initial cash invested.
-14.68%
Cash On Cash
2.86%
Cap Rate
0.48
DSCR
$5,235
Rent
-$2,738
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,235 income − $7,973 expenses = $2,738 out of pocket
Investment Breakdown
|
Purchase Price
$980k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,800
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,235
Total Expenses
$7,973
Mortgage P&I
93%
$4,868
Property Taxes
18%
$958
Home Insurance
7%
$343
HOA
0%
$25
Property Management
12%
$628
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$576