This property looks like a bad Long-Term investment with a projected -11.69% first-year return on $78,750 initial cash invested.
-11.69%
Cash On Cash
4.46%
Cap Rate
0.68
DSCR
$2,298
Rent
-$767
Cashflow
Cash Flow
$2,298 income − $3,065 expenses = $767 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
$2,298
Total Expenses
$3,065
Mortgage P&I
89%
$2,046
Property Taxes
7%
$165
Home Insurance
6%
$131
HOA
5%
$125
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0