Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -7.02% first-year return on $228k initial cash invested.
-7.02%
Cash On Cash
4.68%
Cap Rate
0.79
DSCR
$7,078
Rent
-$1,331
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,078 income − $8,409 expenses = $1,331 out of pocket
Investment Breakdown
|
Purchase Price
$998k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$228k
Downpayment
20%
$200k
Closing costs
1%
$9,980
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$7,078
Total Expenses
$8,409
Mortgage P&I
70%
$4,939
Property Taxes
10%
$715
Home Insurance
5%
$349
HOA
0%
$0
Property Management
12%
$849
CapEx
4%
$283
Vacancy
3%
$212
Maintenance
4%
$283
Other
11%
$779