This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $78,750 initial cash invested.
-13.71%
Cash On Cash
4.18%
Cap Rate
0.62
DSCR
$1,922
Rent
-$900
Cashflow
Cash Flow
$1,922 income − $2,822 expenses = $900 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,922
Total Expenses
$2,822
Mortgage P&I
110%
$2,110
Property Taxes
4%
$82
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0