This property looks like a bad Airbnb investment with a projected -19.09% first-year return on $197k initial cash invested.
-19.09%
Cash On Cash
2.11%
Cap Rate
0.33
DSCR
$3,933
Rent
-$3,139
Cashflow
Cash Flow
$3,933 income − $7,072 expenses = $3,139 out of pocket
Investment Breakdown
|
Purchase Price
$854k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$171k
Closing costs
1%
$8,540
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,933
Total Expenses
$7,072
Mortgage P&I
114%
$4,484
Property Taxes
10%
$405
Home Insurance
8%
$296
HOA
0%
$0
Property Management
15%
$590
CapEx
4%
$157
Vacancy
0%
$0
Maintenance
4%
$157
Other
25%
$983