This property looks like a bad Airbnb investment with a projected -19.98% first-year return on $63,297 initial cash invested.
-19.98%
Cash On Cash
0.62%
Cap Rate
0.1
DSCR
$1,079
Rent
-$1,054
Cashflow
Cash Flow
$1,079 income − $2,133 expenses = $1,054 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,079
Total Expenses
$2,133
Mortgage P&I
104%
$1,123
Property Taxes
38%
$415
Home Insurance
7%
$77
HOA
0%
$0
Property Management
15%
$162
CapEx
4%
$43
Vacancy
0%
$0
Maintenance
4%
$43
Other
25%
$270