Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.53% first-year return on $121k initial cash invested.
-2.53%
Cash On Cash
5.55%
Cap Rate
0.96
DSCR
$3,916
Rent
-$254
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,916 income − $4,170 expenses = $254 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,780
Closing costs
1%
$4,889
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,916
Total Expenses
$4,170
Mortgage P&I
60%
$2,357
Property Taxes
8%
$310
Home Insurance
4%
$171
HOA
0%
$0
Property Management
12%
$470
CapEx
4%
$157
Vacancy
3%
$117
Maintenance
4%
$157
Other
11%
$431