This property looks like a bad Long-Term investment with a projected -8.64% first-year return on $78,750 initial cash invested.
-8.64%
Cash On Cash
5.2%
Cap Rate
0.79
DSCR
$2,682
Rent
-$567
Cashflow
Cash Flow
$2,682 income − $3,249 expenses = $567 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,682
Total Expenses
$3,249
Mortgage P&I
77%
$2,058
Property Taxes
14%
$363
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0