This property looks like a bad Long-Term investment with a projected -15.21% first-year return on $78,750 initial cash invested.
-15.21%
Cash On Cash
3.69%
Cap Rate
0.56
DSCR
$1,755
Rent
-$998
Cashflow
Cash Flow
$1,755 income − $2,753 expenses = $998 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
$1,755
Total Expenses
$2,753
Mortgage P&I
117%
$2,062
Property Taxes
6%
$103
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0