This property looks like a bad Airbnb investment with a projected -21.74% first-year return on $176k initial cash invested.
-21.74%
Cash On Cash
1.69%
Cap Rate
0.26
DSCR
$3,674
Rent
-$3,180
Cashflow
Cash Flow
$3,674 income − $6,854 expenses = $3,180 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,674
Total Expenses
$6,854
Mortgage P&I
111%
$4,091
Property Taxes
20%
$738
Home Insurance
7%
$262
HOA
0%
$0
Property Management
15%
$551
CapEx
4%
$147
Vacancy
0%
$0
Maintenance
4%
$147
Other
25%
$918