This property looks like a bad Long-Term investment with a projected -14.37% first-year return on $78,750 initial cash invested.
-14.37%
Cash On Cash
3.47%
Cap Rate
0.56
DSCR
$1,819
Rent
-$943
Cashflow
Cash Flow
$1,819 income − $2,762 expenses = $943 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,819
Total Expenses
$2,762
Mortgage P&I
106%
$1,937
Property Taxes
12%
$221
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0