This property looks like a bad Long-Term investment with a projected -16.99% first-year return on $78,750 initial cash invested.
-16.99%
Cash On Cash
3.25%
Cap Rate
0.5
DSCR
$1,643
Rent
-$1,115
Cashflow
Cash Flow
$1,643 income − $2,758 expenses = $1,115 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,643
Total Expenses
$2,758
Mortgage P&I
125%
$2,050
Property Taxes
9%
$150
Home Insurance
8%
$131
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0