This property looks like a bad Airbnb investment with a projected -20.16% first-year return on $312k initial cash invested.
-20.16%
Cash On Cash
1.76%
Cap Rate
0.29
DSCR
$4,838
Rent
-$5,238
Cashflow
Cash Flow
$4,838 income − $10,076 expenses = $5,238 out of pocket
Investment Breakdown
|
Purchase Price
$1399k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$312k
Downpayment
20%
$280k
Closing costs
1%
$13,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,838
Total Expenses
$10,076
Mortgage P&I
147%
$7,095
Property Taxes
1%
$52
Home Insurance
10%
$490
HOA
2%
$115
Property Management
15%
$726
CapEx
4%
$194
Vacancy
0%
$0
Maintenance
4%
$194
Other
25%
$1,210