This property looks like a bad Long-Term investment with a projected -8.89% first-year return on $78,708 initial cash invested.
-8.89%
Cash On Cash
4.67%
Cap Rate
0.76
DSCR
$2,191
Rent
-$583
Cashflow
Cash Flow
$2,191 income − $2,774 expenses = $583 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,708
Downpayment
20%
$74,960
Closing costs
1%
$3,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,191
Total Expenses
$2,774
Mortgage P&I
88%
$1,932
Property Taxes
6%
$135
Home Insurance
6%
$137
HOA
0%
$0
Property Management
10%
$219
CapEx
5%
$110
Vacancy
6%
$131
Maintenance
5%
$110
Other
0%
$0