Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -20.81% first-year return on $470k initial cash invested.
-20.81%
Cash On Cash
1.69%
Cap Rate
0.28
DSCR
$6,600
Rent
-$8,140
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,600 income − $14,740 expenses = $8,140 out of pocket
Investment Breakdown
|
Purchase Price
$2150k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$470k
Downpayment
20%
$430k
Closing costs
1%
$21,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,600
Total Expenses
$14,740
Mortgage P&I
165%
$10,907
Property Taxes
6%
$420
Home Insurance
11%
$752
HOA
6%
$417
Property Management
12%
$792
CapEx
4%
$264
Vacancy
3%
$198
Maintenance
4%
$264
Other
11%
$726