This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $78,750 initial cash invested.
-7.85%
Cash On Cash
4.84%
Cap Rate
0.79
DSCR
$2,313
Rent
-$515
Cashflow
Cash Flow
$2,313 income − $2,828 expenses = $515 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
$2,313
Total Expenses
$2,828
Mortgage P&I
83%
$1,913
Property Taxes
8%
$182
Home Insurance
6%
$131
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0