Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.98% first-year return on $117k initial cash invested.
-3.98%
Cash On Cash
5.97%
Cap Rate
0.91
DSCR
$4,059
Rent
-$387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,059 income − $4,446 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$93,980
Closing costs
1%
$4,699
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,059
Total Expenses
$4,446
Mortgage P&I
63%
$2,564
Property Taxes
8%
$339
Home Insurance
4%
$164
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446