This property looks like a bad Long-Term investment with a projected -5.01% first-year return on $78,750 initial cash invested.
-5.01%
Cash On Cash
5.72%
Cap Rate
0.9
DSCR
$2,561
Rent
-$329
Cashflow
Cash Flow
$2,561 income − $2,890 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,561
Total Expenses
$2,890
Mortgage P&I
78%
$1,990
Property Taxes
4%
$103
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0