Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -17.86% first-year return on $647k initial cash invested.
-17.86%
Cash On Cash
2.42%
Cap Rate
0.4
DSCR
$10,760
Rent
-$9,627
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$10,760 income − $20,387 expenses = $9,627 out of pocket
Investment Breakdown
|
Purchase Price
$2995k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$647k
Downpayment
20%
$599k
Closing costs
1%
$29,950
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$10,760
Total Expenses
$20,387
Mortgage P&I
142%
$15,242
Property Taxes
4%
$439
Home Insurance
10%
$1,048
HOA
0%
$0
Property Management
12%
$1,291
CapEx
4%
$430
Vacancy
3%
$323
Maintenance
4%
$430
Other
11%
$1,184