This property looks like a bad Airbnb investment with a projected -31.1% first-year return on $438k initial cash invested.
-31.1%
Cash On Cash
-0.37%
Cap Rate
-0.06
DSCR
$3,410
Rent
-$11,352
Cashflow
Cash Flow
$3,410 income − $14,762 expenses = $11,352 out of pocket
Investment Breakdown
|
Purchase Price
$2000k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$438k
Downpayment
20%
$400k
Closing costs
1%
$20,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,410
Total Expenses
$14,762
Mortgage P&I
311%
$10,593
Property Taxes
54%
$1,833
Home Insurance
21%
$700
HOA
0%
$0
Property Management
15%
$512
CapEx
4%
$136
Vacancy
0%
$0
Maintenance
4%
$136
Other
25%
$852