This property looks like a bad Long-Term investment with a projected -16.46% first-year return on $78,750 initial cash invested.
-16.46%
Cash On Cash
3.36%
Cap Rate
0.51
DSCR
$1,776
Rent
-$1,080
Cashflow
Cash Flow
$1,776 income − $2,856 expenses = $1,080 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
$1,776
Total Expenses
$2,856
Mortgage P&I
115%
$2,040
Property Taxes
13%
$222
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0