This property looks like a bad Airbnb investment with a projected -20.28% first-year return on $99,774 initial cash invested.
-20.28%
Cash On Cash
1.43%
Cap Rate
0.22
DSCR
$1,524
Rent
-$1,686
Cashflow
Cash Flow
$1,524 income − $3,210 expenses = $1,686 out of pocket
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,774
Downpayment
20%
$77,880
Closing costs
1%
$3,894
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,524
Total Expenses
$3,210
Mortgage P&I
137%
$2,090
Property Taxes
16%
$240
Home Insurance
10%
$148
HOA
0%
$0
Property Management
15%
$229
CapEx
4%
$61
Vacancy
0%
$0
Maintenance
4%
$61
Other
25%
$381