This property looks like a bad Long-Term investment with a projected -4.16% first-year return on $78,729 initial cash invested.
-4.16%
Cash On Cash
6.24%
Cap Rate
0.95
DSCR
$3,360
Rent
-$273
Cashflow
Cash Flow
$3,360 income − $3,633 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,360
Total Expenses
$3,633
Mortgage P&I
61%
$2,053
Property Taxes
17%
$575
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$336
CapEx
5%
$168
Vacancy
6%
$202
Maintenance
5%
$168
Other
0%
$0