This property looks like a bad Long-Term investment with a projected -15.98% first-year return on $78,645 initial cash invested.
-15.98%
Cash On Cash
3.72%
Cap Rate
0.56
DSCR
$2,436
Rent
-$1,047
Cashflow
Cash Flow
$2,436 income − $3,483 expenses = $1,047 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,645
Downpayment
20%
$74,900
Closing costs
1%
$3,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,436
Total Expenses
$3,483
Mortgage P&I
86%
$2,087
Property Taxes
25%
$615
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0