This property looks like a bad Long-Term investment with a projected -9.69% first-year return on $78,645 initial cash invested.
-9.69%
Cash On Cash
4.97%
Cap Rate
0.75
DSCR
$2,543
Rent
-$635
Cashflow
Cash Flow
$2,543 income − $3,178 expenses = $635 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,645
Downpayment
20%
$74,900
Closing costs
1%
$3,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,543
Total Expenses
$3,178
Mortgage P&I
81%
$2,059
Property Taxes
13%
$336
Home Insurance
5%
$122
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0