This property looks like a bad Long-Term investment with a projected -15.57% first-year return on $78,834 initial cash invested.
-15.57%
Cash On Cash
3.44%
Cap Rate
0.54
DSCR
$2,086
Rent
-$1,023
Cashflow
Cash Flow
$2,086 income − $3,109 expenses = $1,023 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,834
Downpayment
20%
$75,080
Closing costs
1%
$3,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,086
Total Expenses
$3,109
Mortgage P&I
96%
$1,995
Property Taxes
20%
$415
Home Insurance
8%
$157
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0