Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -8.5% first-year return on $226k initial cash invested.
-8.5%
Cash On Cash
4.47%
Cap Rate
0.73
DSCR
$6,495
Rent
-$1,599
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,495 income − $8,094 expenses = $1,599 out of pocket
Investment Breakdown
|
Purchase Price
$989k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$226k
Downpayment
20%
$198k
Closing costs
1%
$9,891
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,495
Total Expenses
$8,094
Mortgage P&I
77%
$5,022
Property Taxes
8%
$496
Home Insurance
6%
$368
HOA
0%
$0
Property Management
12%
$779
CapEx
4%
$260
Vacancy
3%
$195
Maintenance
4%
$260
Other
11%
$714