This property looks like a bad Airbnb investment with a projected -25.39% first-year return on $256k initial cash invested.
-25.39%
Cash On Cash
0.74%
Cap Rate
0.12
DSCR
$3,189
Rent
-$5,420
Cashflow
Cash Flow
$3,189 income − $8,609 expenses = $5,420 out of pocket
Investment Breakdown
|
Purchase Price
$1134k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$256k
Downpayment
20%
$227k
Closing costs
1%
$11,341
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,189
Total Expenses
$8,609
Mortgage P&I
188%
$5,989
Property Taxes
1%
$22
Home Insurance
15%
$488
HOA
18%
$579
Property Management
15%
$478
CapEx
4%
$128
Vacancy
0%
$0
Maintenance
4%
$128
Other
25%
$797