This property looks like a bad Airbnb investment with a projected -35.11% first-year return on $337k initial cash invested.
-35.11%
Cash On Cash
-0.9%
Cap Rate
-0.13
DSCR
$1,832
Rent
-$9,867
Cashflow
Cash Flow
$1,832 income − $11,699 expenses = $9,867 out of pocket
Investment Breakdown
|
Purchase Price
$1520k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$337k
Downpayment
20%
$304k
Closing costs
1%
$15,203
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$1,832
Total Expenses
$11,699
Mortgage P&I
473%
$8,660
Property Taxes
69%
$1,268
Home Insurance
30%
$542
HOA
19%
$350
Property Management
15%
$275
CapEx
4%
$73
Vacancy
0%
$0
Maintenance
4%
$73
Other
25%
$458