This property looks like a bad Airbnb investment with a projected -34.71% first-year return on $179k initial cash invested.
-34.71%
Cash On Cash
-1.56%
Cap Rate
-0.24
DSCR
$0
Rent
-$5,167
Cashflow
Cash Flow
$0 income − $5,167 expenses = $5,167 out of pocket
Investment Breakdown
|
Purchase Price
$765k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$153k
Closing costs
1%
$7,650
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$5,167
Mortgage P&I
41720000%
$4,172
Property Taxes
7270000%
$727
Home Insurance
2680000%
$268
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0