Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -14.8% first-year return on $224k initial cash invested.
-14.8%
Cash On Cash
3.56%
Cap Rate
0.54
DSCR
$6,010
Rent
-$2,763
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,010 income − $8,773 expenses = $2,763 out of pocket
Investment Breakdown
|
Purchase Price
$981k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,813
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,010
Total Expenses
$8,773
Mortgage P&I
90%
$5,438
Property Taxes
16%
$945
Home Insurance
6%
$348
HOA
0%
$0
Property Management
12%
$721
CapEx
4%
$240
Vacancy
3%
$180
Maintenance
4%
$240
Other
11%
$661