This property looks like a bad Long-Term investment with a projected -10.99% first-year return on $78,750 initial cash invested.
-10.99%
Cash On Cash
4.67%
Cap Rate
0.71
DSCR
$2,520
Rent
-$721
Cashflow
Cash Flow
$2,520 income − $3,241 expenses = $721 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
$2,520
Total Expenses
$3,241
Mortgage P&I
81%
$2,053
Property Taxes
16%
$402
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0