This property looks like a bad Long-Term investment with a projected -19.31% first-year return on $78,750 initial cash invested.
-19.31%
Cash On Cash
2.41%
Cap Rate
0.39
DSCR
$1,685
Rent
-$1,267
Cashflow
Cash Flow
$1,685 income − $2,952 expenses = $1,267 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,685
Total Expenses
$2,952
Mortgage P&I
115%
$1,937
Property Taxes
26%
$442
Home Insurance
8%
$136
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0