This property looks like a bad Long-Term investment with a projected -10.41% first-year return on $78,729 initial cash invested.
-10.41%
Cash On Cash
4.61%
Cap Rate
0.71
DSCR
$2,077
Rent
-$683
Cashflow
Cash Flow
$2,077 income − $2,760 expenses = $683 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
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
$2,077
Total Expenses
$2,760
Mortgage P&I
97%
$2,020
Property Taxes
3%
$68
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0