This property looks like a bad Long-Term investment with a projected -11.67% first-year return on $78,750 initial cash invested.
-11.67%
Cash On Cash
4.28%
Cap Rate
0.67
DSCR
$1,986
Rent
-$766
Cashflow
Cash Flow
$1,986 income − $2,752 expenses = $766 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,986
Total Expenses
$2,752
Mortgage P&I
101%
$2,005
Property Taxes
5%
$100
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0