This property looks like a bad Long-Term investment with a projected -5.65% first-year return on $78,729 initial cash invested.
-5.65%
Cash On Cash
5.69%
Cap Rate
0.88
DSCR
$2,458
Rent
-$371
Cashflow
Cash Flow
$2,458 income − $2,829 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,729
Downpayment
20%
$74,980
Closing costs
1%
$3,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,458
Total Expenses
$2,829
Mortgage P&I
82%
$2,025
Property Taxes
1%
$34
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0