This property looks like a bad Long-Term investment with a projected -16.19% first-year return on $78,645 initial cash invested.
-16.19%
Cash On Cash
3.67%
Cap Rate
0.55
DSCR
$2,234
Rent
-$1,061
Cashflow
Cash Flow
$2,234 income − $3,295 expenses = $1,061 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,645
Downpayment
20%
$74,900
Closing costs
1%
$3,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,234
Total Expenses
$3,295
Mortgage P&I
94%
$2,093
Property Taxes
20%
$450
Home Insurance
6%
$131
HOA
2%
$40
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0