Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -21.24% first-year return on $489k initial cash invested.
-21.24%
Cash On Cash
1.64%
Cap Rate
0.27
DSCR
$9,258
Rent
-$8,646
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,258 income − $17,904 expenses = $8,646 out of pocket
Investment Breakdown
|
Purchase Price
$2241k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$489k
Downpayment
20%
$448k
Closing costs
1%
$22,406
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,258
Total Expenses
$17,904
Mortgage P&I
123%
$11,345
Property Taxes
27%
$2,530
Home Insurance
9%
$840
HOA
0%
$42
Property Management
12%
$1,111
CapEx
4%
$370
Vacancy
3%
$278
Maintenance
4%
$370
Other
11%
$1,018