Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -2.79% first-year return on $68,379 initial cash invested.
-2.79%
Cash On Cash
6.21%
Cap Rate
0.96
DSCR
$2,665
Rent
-$159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,665 income − $2,824 expenses = $159 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,665
Total Expenses
$2,824
Mortgage P&I
49%
$1,293
Property Taxes
6%
$167
Home Insurance
3%
$84
HOA
0%
$0
Property Management
15%
$400
CapEx
4%
$107
Vacancy
0%
$0
Maintenance
4%
$107
Other
25%
$666