This property looks like a bad Airbnb investment with a projected -30.31% first-year return on $67,350 initial cash invested.
-30.31%
Cash On Cash
-1.95%
Cap Rate
-0.29
DSCR
$0
Rent
-$1,701
Cashflow
Cash Flow
$0 income − $1,701 expenses = $1,701 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,701
Mortgage P&I
13190000%
$1,319
Property Taxes
3000000%
$300
Home Insurance
820000%
$82
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0