Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -4.16% first-year return on $120k initial cash invested.
-4.16%
Cash On Cash
5.48%
Cap Rate
0.89
DSCR
$3,580
Rent
-$417
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,580 income − $3,997 expenses = $417 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,500
Closing costs
1%
$4,875
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,580
Total Expenses
$3,997
Mortgage P&I
70%
$2,502
Property Taxes
3%
$103
Home Insurance
5%
$175
HOA
0%
$0
Property Management
12%
$430
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394