This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $78,750 initial cash invested.
-11.57%
Cash On Cash
4.44%
Cap Rate
0.68
DSCR
$2,332
Rent
-$759
Cashflow
Cash Flow
$2,332 income − $3,091 expenses = $759 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
$2,332
Total Expenses
$3,091
Mortgage P&I
87%
$2,030
Property Taxes
14%
$323
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0