Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -9.55% first-year return on $223k initial cash invested.
-9.55%
Cash On Cash
4.45%
Cap Rate
0.71
DSCR
$6,645
Rent
-$1,774
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,645 income − $8,419 expenses = $1,774 out of pocket
Investment Breakdown
|
Purchase Price
$976k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,757
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,645
Total Expenses
$8,419
Mortgage P&I
77%
$5,124
Property Taxes
10%
$686
Home Insurance
5%
$350
HOA
0%
$0
Property Management
12%
$797
CapEx
4%
$266
Vacancy
3%
$199
Maintenance
4%
$266
Other
11%
$731