This property looks like a bad Long-Term investment with a projected -13.66% first-year return on $78,792 initial cash invested.
-13.66%
Cash On Cash
4.2%
Cap Rate
0.63
DSCR
$2,459
Rent
-$897
Cashflow
Cash Flow
$2,459 income − $3,356 expenses = $897 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,792
Downpayment
20%
$75,040
Closing costs
1%
$3,752
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,459
Total Expenses
$3,356
Mortgage P&I
85%
$2,088
Property Taxes
20%
$497
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0