Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -11.15% first-year return on $69,555 initial cash invested.
-11.15%
Cash On Cash
3.43%
Cap Rate
0.56
DSCR
$2,501
Rent
-$646
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,501 income − $3,147 expenses = $646 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,555
Downpayment
20%
$49,100
Closing costs
1%
$2,455
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,501
Total Expenses
$3,147
Mortgage P&I
50%
$1,247
Property Taxes
25%
$614
Home Insurance
3%
$86
HOA
0%
$0
Property Management
15%
$375
CapEx
4%
$100
Vacancy
0%
$0
Maintenance
4%
$100
Other
25%
$625