This property looks like a bad Airbnb investment with a projected -0.98% first-year return on $64,998 initial cash invested.
-0.98%
Cash On Cash
6.58%
Cap Rate
1.04
DSCR
$2,449
Rent
-$53
Cashflow
Cash Flow
$2,449 income − $2,502 expenses = $53 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,998
Downpayment
20%
$44,760
Closing costs
1%
$2,238
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,449
Total Expenses
$2,502
Mortgage P&I
48%
$1,183
Property Taxes
3%
$66
Home Insurance
3%
$78
HOA
0%
$0
Property Management
15%
$367
CapEx
4%
$98
Vacancy
0%
$0
Maintenance
4%
$98
Other
25%
$612
Loading map...
Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
The Happy Farmhouse | $3,134 | $161 | 3 | 2 | 1.2 mi |
2BR/2BA private renovated condo | $1,382 | $71 | 2 | 2 | 2.13 mi |
Cozy and Comfortable stay in Stephens City | $1,538 | $79 | 2 | 1 | 1.17 mi |
Projection Charts
Investment Value YoY