This property looks like a bad Long-Term investment with a projected -8.55% first-year return on $78,729 initial cash invested.
-8.55%
Cash On Cash
5.21%
Cap Rate
0.79
DSCR
$2,709
Rent
-$561
Cashflow
Cash Flow
$2,709 income − $3,270 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,709
Total Expenses
$3,270
Mortgage P&I
76%
$2,055
Property Taxes
14%
$380
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$163
Maintenance
5%
$135
Other
0%
$0