Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -12.69% first-year return on $245k initial cash invested.
-12.69%
Cash On Cash
3.47%
Cap Rate
0.57
DSCR
$6,442
Rent
-$2,589
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,442 income − $9,031 expenses = $2,589 out of pocket
Investment Breakdown
|
Purchase Price
$1080k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$245k
Downpayment
20%
$216k
Closing costs
1%
$10,803
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,442
Total Expenses
$9,031
Mortgage P&I
85%
$5,451
Property Taxes
16%
$1,004
Home Insurance
6%
$385
HOA
0%
$0
Property Management
12%
$773
CapEx
4%
$258
Vacancy
3%
$193
Maintenance
4%
$258
Other
11%
$709