This property looks like a bad Long-Term investment with a projected -16.91% first-year return on $78,687 initial cash invested.
-16.91%
Cash On Cash
3.12%
Cap Rate
0.49
DSCR
$1,723
Rent
-$1,109
Cashflow
Cash Flow
$1,723 income − $2,832 expenses = $1,109 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,687
Downpayment
20%
$74,940
Closing costs
1%
$3,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,723
Total Expenses
$2,832
Mortgage P&I
116%
$1,996
Property Taxes
16%
$284
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0