This property looks like a bad Long-Term investment with a projected -0.56% first-year return on $78,834 initial cash invested.
-0.56%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$3,566
Rent
-$37
Cashflow
Cash Flow
$3,566 income − $3,603 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,834
Downpayment
20%
$75,080
Closing costs
1%
$3,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,566
Total Expenses
$3,603
Mortgage P&I
58%
$2,051
Property Taxes
14%
$494
Home Insurance
4%
$131
HOA
0%
$0
Property Management
10%
$357
CapEx
5%
$178
Vacancy
6%
$214
Maintenance
5%
$178
Other
0%
$0