This property looks like a bad Long-Term investment with a projected -10.87% first-year return on $78,729 initial cash invested.
-10.87%
Cash On Cash
4.91%
Cap Rate
0.73
DSCR
$2,905
Rent
-$713
Cashflow
Cash Flow
$2,905 income − $3,618 expenses = $713 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,905
Total Expenses
$3,618
Mortgage P&I
72%
$2,101
Property Taxes
20%
$569
Home Insurance
5%
$131
HOA
2%
$63
Property Management
10%
$290
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0