Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $225k initial cash invested.
-3.76%
Cash On Cash
5.4%
Cap Rate
0.91
DSCR
$6,969
Rent
-$704
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,969 income − $7,673 expenses = $704 out of pocket
Investment Breakdown
|
Purchase Price
$985k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$197k
Closing costs
1%
$9,850
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,969
Total Expenses
$7,673
Mortgage P&I
70%
$4,855
Property Taxes
1%
$103
Home Insurance
5%
$345
HOA
0%
$0
Property Management
12%
$836
CapEx
4%
$279
Vacancy
3%
$209
Maintenance
4%
$279
Other
11%
$767