This property looks like a bad Long-Term investment with a projected -15.04% first-year return on $78,750 initial cash invested.
-15.04%
Cash On Cash
3.38%
Cap Rate
0.54
DSCR
$1,583
Rent
-$987
Cashflow
Cash Flow
$1,583 income − $2,570 expenses = $987 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,583
Total Expenses
$2,570
Mortgage P&I
124%
$1,963
Property Taxes
4%
$65
Home Insurance
8%
$131
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0