This property looks like a bad Long-Term investment with a projected -11.87% first-year return on $78,750 initial cash invested.
-11.87%
Cash On Cash
3.94%
Cap Rate
0.64
DSCR
$1,766
Rent
-$779
Cashflow
Cash Flow
$1,766 income − $2,545 expenses = $779 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,766
Total Expenses
$2,545
Mortgage P&I
109%
$1,923
Property Taxes
2%
$32
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0