Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -8.23% first-year return on $612k initial cash invested.
-8.23%
Cash On Cash
4.61%
Cap Rate
0.76
DSCR
$20,976
Rent
-$4,198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$20,976 income − $25,174 expenses = $4,198 out of pocket
Investment Breakdown
|
Purchase Price
$2829k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$612k
Downpayment
20%
$566k
Closing costs
1%
$28,290
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$20,976
Total Expenses
$25,174
Mortgage P&I
68%
$14,216
Property Taxes
14%
$2,837
Home Insurance
5%
$990
HOA
0%
$0
Property Management
12%
$2,517
CapEx
4%
$839
Vacancy
3%
$629
Maintenance
4%
$839
Other
11%
$2,307