Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -7.47% first-year return on $223k initial cash invested.
-7.47%
Cash On Cash
4.6%
Cap Rate
0.77
DSCR
$6,002
Rent
-$1,386
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,002 income − $7,388 expenses = $1,386 out of pocket
Investment Breakdown
|
Purchase Price
$975k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$223k
Downpayment
20%
$195k
Closing costs
1%
$9,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,002
Total Expenses
$7,388
Mortgage P&I
81%
$4,885
Property Taxes
2%
$122
Home Insurance
6%
$341
HOA
0%
$0
Property Management
12%
$720
CapEx
4%
$240
Vacancy
3%
$180
Maintenance
4%
$240
Other
11%
$660