This property looks like a bad Long-Term investment with a projected -13.56% first-year return on $78,750 initial cash invested.
-13.56%
Cash On Cash
3.71%
Cap Rate
0.6
DSCR
$2,568
Rent
-$890
Cashflow
Cash Flow
$2,568 income − $3,458 expenses = $890 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
$2,568
Total Expenses
$3,458
Mortgage P&I
75%
$1,920
Property Taxes
27%
$701
Home Insurance
5%
$131
HOA
2%
$39
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0