This property looks like a bad Airbnb investment with a projected -25.21% first-year return on $148k initial cash invested.
-25.21%
Cash On Cash
0.14%
Cap Rate
0.02
DSCR
$1,578
Rent
-$3,117
Cashflow
Cash Flow
$1,578 income − $4,695 expenses = $3,117 out of pocket
Investment Breakdown
|
Purchase Price
$621k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$124k
Closing costs
1%
$6,208
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$1,578
Total Expenses
$4,695
Mortgage P&I
198%
$3,126
Property Taxes
37%
$584
Home Insurance
14%
$228
HOA
0%
$0
Property Management
15%
$237
CapEx
4%
$63
Vacancy
0%
$0
Maintenance
4%
$63
Other
25%
$394