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This property looks like a bad Airbnb investment with a projected -5.75% first-year return on $68,400 initial cash invested.
-5.75%
Cash On Cash
5.38%
Cap Rate
0.82
DSCR
$2,350
Rent
-$328
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,350 income − $2,678 expenses = $328 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,350
Total Expenses
$2,678
Mortgage P&I
56%
$1,310
Property Taxes
7%
$156
Home Insurance
4%
$84
HOA
0%
$0
Property Management
15%
$352
CapEx
4%
$94
Vacancy
0%
$0
Maintenance
4%
$94
Other
25%
$588