This property looks like a bad Airbnb investment with a projected -3.81% first-year return on $86,712 initial cash invested.
-3.81%
Cash On Cash
5.7%
Cap Rate
0.92
DSCR
$3,446
Rent
-$275
Cashflow
Cash Flow
$3,446 income − $3,721 expenses = $275 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,712
Downpayment
20%
$65,440
Closing costs
1%
$3,272
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,446
Total Expenses
$3,721
Mortgage P&I
49%
$1,690
Property Taxes
8%
$260
Home Insurance
3%
$116
HOA
0%
$0
Property Management
15%
$517
CapEx
4%
$138
Vacancy
0%
$0
Maintenance
4%
$138
Other
25%
$862