This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $78,750 initial cash invested.
-9.71%
Cash On Cash
4.47%
Cap Rate
0.72
DSCR
$1,940
Rent
-$637
Cashflow
Cash Flow
$1,940 income − $2,577 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
6.7%
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
$1,940
Total Expenses
$2,577
Mortgage P&I
100%
$1,936
Property Taxes
0%
$6
Home Insurance
7%
$131
HOA
0%
$0
Property Management
10%
$194
CapEx
5%
$97
Vacancy
6%
$116
Maintenance
5%
$97
Other
0%
$0