This property looks like a bad Long-Term investment with a projected -12.37% first-year return on $78,750 initial cash invested.
-12.37%
Cash On Cash
3.8%
Cap Rate
0.62
DSCR
$1,813
Rent
-$812
Cashflow
Cash Flow
$1,813 income − $2,625 expenses = $812 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.6%
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
$1,813
Total Expenses
$2,625
Mortgage P&I
105%
$1,909
Property Taxes
6%
$113
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0