Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -24.32% first-year return on $1572k initial cash invested.
-24.32%
Cash On Cash
0.94%
Cap Rate
0.16
DSCR
$12,440
Rent
-$31,865
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$12,440 income − $44,305 expenses = $31,865 out of pocket
Investment Breakdown
|
Purchase Price
$7400k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$1572k
Downpayment
20%
$1480k
Closing costs
1%
$74,000
Rehab
0%
$0
Furnishing
0%
$18,000
Cashflow
Total Income
$12,440
Total Expenses
$44,305
Mortgage P&I
299%
$37,185
Property Taxes
2%
$300
Home Insurance
21%
$2,590
HOA
0%
$0
Property Management
12%
$1,493
CapEx
4%
$498
Vacancy
3%
$373
Maintenance
4%
$498
Other
11%
$1,368