This property looks like a bad Airbnb investment with a projected -34.18% first-year return on $196k initial cash invested.
-34.18%
Cash On Cash
-1.26%
Cap Rate
-0.19
DSCR
$0
Rent
-$5,595
Cashflow
Cash Flow
$0 income − $5,595 expenses = $5,595 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$170k
Closing costs
1%
$8,498
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$5,595
Mortgage P&I
47040000%
$4,704
Property Taxes
5940000%
$594
Home Insurance
2970000%
$297
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0