This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $78,750 initial cash invested.
-12.68%
Cash On Cash
4.36%
Cap Rate
0.66
DSCR
$2,413
Rent
-$832
Cashflow
Cash Flow
$2,413 income − $3,245 expenses = $832 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,413
Total Expenses
$3,245
Mortgage P&I
86%
$2,072
Property Taxes
17%
$414
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0