Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.48% first-year return on $69,324 initial cash invested.
-3.48%
Cash On Cash
6.13%
Cap Rate
0.92
DSCR
$2,466
Rent
-$201
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,466 income − $2,667 expenses = $201 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,324
Downpayment
20%
$48,880
Closing costs
1%
$2,444
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,466
Total Expenses
$2,667
Mortgage P&I
55%
$1,350
Property Taxes
16%
$390
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271