Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -11.57% first-year return on $227k initial cash invested.
-11.57%
Cash On Cash
3.67%
Cap Rate
0.61
DSCR
$6,237
Rent
-$2,185
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,237 income − $8,422 expenses = $2,185 out of pocket
Investment Breakdown
|
Purchase Price
$993k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$227k
Downpayment
20%
$199k
Closing costs
1%
$9,932
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,237
Total Expenses
$8,422
Mortgage P&I
80%
$4,975
Property Taxes
16%
$978
Home Insurance
6%
$350
HOA
0%
$0
Property Management
12%
$748
CapEx
4%
$249
Vacancy
3%
$187
Maintenance
4%
$249
Other
11%
$686