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This property looks like a bad Airbnb investment with a projected -0.64% first-year return on $222k initial cash invested.

-0.64%

Cash On Cash

3.7%

Cap Rate

0.99

DSCR

$2,622

Rent

-$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $2,741 expenses = $119 out of pocket

Income$2,622Out of Pocket$119Mortgage P&I$1,24748%Property Taxes$954%Insurance$1405%Management$39315%CapEx$1054%Maintenance$1054%Other$65625%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

50.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$222k

Downpayment

50%

$200k

Closing costs

1%

$3,995

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$2,741

Mortgage P&I

48%

$1,247

Property Taxes

4%

$95

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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Comparable Property

Rent

ADR

Beds

Baths

Distance

NEW 3BR Retreat • Close to Downtown - Quiet Spot

$3,662

$172

3

2

0.09 mi

3BR w/ Office & Fast Wi-Fi – 5 Min to Downtown

$2,555

$120

3

2

0.17 mi

Cozy Downtown 3BR Home

$2,938

$138

3

2

0.35 mi

Charming 3 Bed 2Bath Near Dowtown

$3,471

$163

3

2

0.36 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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