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This property looks like a bad Airbnb investment with a projected -2.29% first-year return on $70,080 initial cash invested.
-2.29%
Cash On Cash
6.63%
Cap Rate
0.98
DSCR
$2,789
Rent
-$134
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,789 income − $2,923 expenses = $134 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,080
Downpayment
20%
$49,600
Closing costs
1%
$2,480
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,789
Total Expenses
$2,923
Mortgage P&I
50%
$1,393
Property Taxes
4%
$104
Home Insurance
3%
$87
HOA
0%
$0
Property Management
15%
$418
CapEx
4%
$112
Vacancy
0%
$0
Maintenance
4%
$112
Other
25%
$697