This property looks like a bad Airbnb investment with a projected -6.01% first-year return on $86,313 initial cash invested.
-6.01%
Cash On Cash
5.46%
Cap Rate
0.83
DSCR
$3,256
Rent
-$432
Cashflow
Cash Flow
$3,256 income − $3,688 expenses = $432 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,313
Downpayment
20%
$65,060
Closing costs
1%
$3,253
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,256
Total Expenses
$3,688
Mortgage P&I
55%
$1,781
Property Taxes
7%
$226
Home Insurance
4%
$119
HOA
0%
$0
Property Management
15%
$488
CapEx
4%
$130
Vacancy
0%
$0
Maintenance
4%
$130
Other
25%
$814