This property looks like a bad Long-Term investment with a projected -11.25% first-year return on $78,729 initial cash invested.
-11.25%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$2,303
Rent
-$738
Cashflow
Cash Flow
$2,303 income − $3,041 expenses = $738 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,303
Total Expenses
$3,041
Mortgage P&I
90%
$2,084
Property Taxes
2%
$48
Home Insurance
6%
$131
HOA
8%
$180
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0