This property looks like a bad Long-Term investment with a projected -19.57% first-year return on $78,750 initial cash invested.
-19.57%
Cash On Cash
2.72%
Cap Rate
0.42
DSCR
$1,899
Rent
-$1,284
Cashflow
Cash Flow
$1,899 income − $3,183 expenses = $1,284 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,899
Total Expenses
$3,183
Mortgage P&I
107%
$2,040
Property Taxes
27%
$518
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0