This property looks like a bad Long-Term investment with a projected -19.11% first-year return on $78,729 initial cash invested.
-19.11%
Cash On Cash
2.8%
Cap Rate
0.43
DSCR
$1,775
Rent
-$1,254
Cashflow
Cash Flow
$1,775 income − $3,029 expenses = $1,254 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,775
Total Expenses
$3,029
Mortgage P&I
115%
$2,040
Property Taxes
22%
$396
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0