Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -9.75% first-year return on $66,090 initial cash invested.
-9.75%
Cash On Cash
3.77%
Cap Rate
0.62
DSCR
$2,200
Rent
-$537
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,200 income − $2,737 expenses = $537 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,200
Total Expenses
$2,737
Mortgage P&I
53%
$1,169
Property Taxes
20%
$432
Home Insurance
4%
$80
HOA
0%
$0
Property Management
15%
$330
CapEx
4%
$88
Vacancy
0%
$0
Maintenance
4%
$88
Other
25%
$550