Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -23.43% first-year return on $720k initial cash invested.
-23.43%
Cash On Cash
1.19%
Cap Rate
0.2
DSCR
$11,940
Rent
-$14,066
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$11,940 income − $26,006 expenses = $14,066 out of pocket
Investment Breakdown
|
Purchase Price
$3345k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$720k
Downpayment
20%
$669k
Closing costs
1%
$33,447
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$11,940
Total Expenses
$26,006
Mortgage P&I
142%
$16,906
Property Taxes
30%
$3,529
Home Insurance
12%
$1,398
HOA
1%
$113
Property Management
12%
$1,433
CapEx
4%
$478
Vacancy
3%
$358
Maintenance
4%
$478
Other
11%
$1,313