Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.22% first-year return on $121k initial cash invested.
-2.22%
Cash On Cash
6.37%
Cap Rate
0.98
DSCR
$4,508
Rent
-$224
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,508 income − $4,732 expenses = $224 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$98,080
Closing costs
1%
$4,904
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,508
Total Expenses
$4,732
Mortgage P&I
59%
$2,646
Property Taxes
8%
$381
Home Insurance
4%
$173
HOA
0%
$0
Property Management
12%
$541
CapEx
4%
$180
Vacancy
3%
$135
Maintenance
4%
$180
Other
11%
$496