This property looks like a bad Long-Term investment with a projected -10.97% first-year return on $78,750 initial cash invested.
-10.97%
Cash On Cash
4.6%
Cap Rate
0.71
DSCR
$2,452
Rent
-$720
Cashflow
Cash Flow
$2,452 income − $3,172 expenses = $720 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,452
Total Expenses
$3,172
Mortgage P&I
83%
$2,035
Property Taxes
15%
$368
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0