This property looks like a bad Long-Term investment with a projected -17.3% first-year return on $78,750 initial cash invested.
-17.3%
Cash On Cash
2.86%
Cap Rate
0.46
DSCR
$1,413
Rent
-$1,135
Cashflow
Cash Flow
$1,413 income − $2,548 expenses = $1,135 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,413
Total Expenses
$2,548
Mortgage P&I
139%
$1,957
Property Taxes
7%
$92
Home Insurance
9%
$131
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0