Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -2.59% first-year return on $107k initial cash invested.
-2.59%
Cash On Cash
6.55%
Cap Rate
0.97
DSCR
$3,981
Rent
-$231
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,981 income − $4,212 expenses = $231 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,760
Closing costs
1%
$4,238
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,981
Total Expenses
$4,212
Mortgage P&I
60%
$2,385
Property Taxes
8%
$325
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438