This property looks like a bad Long-Term investment with a projected -9.27% first-year return on $78,666 initial cash invested.
-9.27%
Cash On Cash
4.81%
Cap Rate
0.76
DSCR
$2,758
Rent
-$608
Cashflow
Cash Flow
$2,758 income − $3,366 expenses = $608 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,666
Downpayment
20%
$74,920
Closing costs
1%
$3,746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,758
Total Expenses
$3,366
Mortgage P&I
71%
$1,971
Property Taxes
20%
$556
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$165
Maintenance
5%
$138
Other
0%
$0