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This property looks like a bad Airbnb investment with a projected -29.97% first-year return on $617k initial cash invested.
-29.97%
Cash On Cash
-0.43%
Cap Rate
-0.07
DSCR
$2,594
Rent
-$15,401
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,594 income − $17,995 expenses = $15,401 out of pocket
Investment Breakdown
|
Purchase Price
$2851k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$617k
Downpayment
20%
$570k
Closing costs
1%
$28,506
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$2,594
Total Expenses
$17,995
Mortgage P&I
550%
$14,273
Property Taxes
56%
$1,445
Home Insurance
40%
$1,032
HOA
0%
$0
Property Management
15%
$389
CapEx
4%
$104
Vacancy
0%
$0
Maintenance
4%
$104
Other
25%
$648