This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $78,771 initial cash invested.
-12.67%
Cash On Cash
3.98%
Cap Rate
0.65
DSCR
$3,083
Rent
-$832
Cashflow
Cash Flow
$3,083 income − $3,915 expenses = $832 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,771
Downpayment
20%
$75,020
Closing costs
1%
$3,751
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,083
Total Expenses
$3,915
Mortgage P&I
62%
$1,923
Property Taxes
34%
$1,057
Home Insurance
4%
$134
HOA
0%
$0
Property Management
10%
$308
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0