This property looks like a bad Long-Term investment with a projected -12.07% first-year return on $78,729 initial cash invested.
-12.07%
Cash On Cash
4.21%
Cap Rate
0.65
DSCR
$1,876
Rent
-$792
Cashflow
Cash Flow
$1,876 income − $2,668 expenses = $792 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,876
Total Expenses
$2,668
Mortgage P&I
107%
$2,014
Property Taxes
2%
$34
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0