This property looks like a bad Airbnb investment with a projected -5.5% first-year return on $82,638 initial cash invested.
-5.5%
Cash On Cash
5.3%
Cap Rate
0.84
DSCR
$3,026
Rent
-$379
Cashflow
Cash Flow
$3,026 income − $3,405 expenses = $379 out of pocket
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,638
Downpayment
20%
$61,560
Closing costs
1%
$3,078
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,026
Total Expenses
$3,405
Mortgage P&I
53%
$1,617
Property Taxes
7%
$224
Home Insurance
4%
$112
HOA
0%
$0
Property Management
15%
$454
CapEx
4%
$121
Vacancy
0%
$0
Maintenance
4%
$121
Other
25%
$756