This property looks like a bad Airbnb investment with a projected -11.95% first-year return on $95,784 initial cash invested.
-11.95%
Cash On Cash
3.43%
Cap Rate
0.55
DSCR
$2,574
Rent
-$954
Cashflow
Cash Flow
$2,574 income − $3,528 expenses = $954 out of pocket
Investment Breakdown
|
Purchase Price
$370k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$95,784
Downpayment
20%
$74,080
Closing costs
1%
$3,704
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,574
Total Expenses
$3,528
Mortgage P&I
74%
$1,909
Property Taxes
10%
$250
Home Insurance
5%
$133
HOA
0%
$0
Property Management
15%
$386
CapEx
4%
$103
Vacancy
0%
$0
Maintenance
4%
$103
Other
25%
$644