This property looks like a bad Airbnb investment with a projected -7.75% first-year return on $74,742 initial cash invested.
-7.75%
Cash On Cash
4.37%
Cap Rate
0.72
DSCR
$2,303
Rent
-$483
Cashflow
Cash Flow
$2,303 income − $2,786 expenses = $483 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,742
Downpayment
20%
$54,040
Closing costs
1%
$2,702
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,303
Total Expenses
$2,786
Mortgage P&I
60%
$1,375
Property Taxes
9%
$210
Home Insurance
4%
$96
HOA
0%
$0
Property Management
15%
$345
CapEx
4%
$92
Vacancy
0%
$0
Maintenance
4%
$92
Other
25%
$576