This property looks like a bad Long-Term investment with a projected -15.27% first-year return on $78,750 initial cash invested.
-15.27%
Cash On Cash
3.57%
Cap Rate
0.55
DSCR
$1,961
Rent
-$1,002
Cashflow
Cash Flow
$1,961 income − $2,963 expenses = $1,002 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,961
Total Expenses
$2,963
Mortgage P&I
103%
$2,021
Property Taxes
15%
$301
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0