This property looks like a bad Long-Term investment with a projected -15.28% first-year return on $78,750 initial cash invested.
-15.28%
Cash On Cash
3.77%
Cap Rate
0.57
DSCR
$2,146
Rent
-$1,003
Cashflow
Cash Flow
$2,146 income − $3,149 expenses = $1,003 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,146
Total Expenses
$3,149
Mortgage P&I
97%
$2,074
Property Taxes
18%
$386
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0