This property looks like a bad Airbnb investment with a projected -29.04% first-year return on $177k initial cash invested.
-29.04%
Cash On Cash
-0.03%
Cap Rate
0
DSCR
$1,812
Rent
-$4,271
Cashflow
Cash Flow
$1,812 income − $6,083 expenses = $4,271 out of pocket
Investment Breakdown
|
Purchase Price
$755k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$151k
Closing costs
1%
$7,548
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,812
Total Expenses
$6,083
Mortgage P&I
231%
$4,183
Property Taxes
42%
$767
Home Insurance
15%
$264
HOA
0%
$0
Property Management
15%
$272
CapEx
4%
$72
Vacancy
0%
$0
Maintenance
4%
$72
Other
25%
$453