This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $78,750 initial cash invested.
-11.7%
Cash On Cash
4.44%
Cap Rate
0.68
DSCR
$2,550
Rent
-$768
Cashflow
Cash Flow
$2,550 income − $3,318 expenses = $768 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,550
Total Expenses
$3,318
Mortgage P&I
79%
$2,026
Property Taxes
19%
$497
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0