This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $78,750 initial cash invested.
-11.63%
Cash On Cash
4.48%
Cap Rate
0.68
DSCR
$2,227
Rent
-$763
Cashflow
Cash Flow
$2,227 income − $2,990 expenses = $763 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,227
Total Expenses
$2,990
Mortgage P&I
92%
$2,051
Property Taxes
10%
$227
Home Insurance
6%
$131
HOA
0%
$2
Property Management
10%
$223
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0