This property looks like a bad Airbnb investment with a projected -34.47% first-year return on $312k initial cash invested.
-34.47%
Cash On Cash
-1.52%
Cap Rate
-0.25
DSCR
$0
Rent
-$8,956
Cashflow
Cash Flow
$0 income − $8,956 expenses = $8,956 out of pocket
Investment Breakdown
|
Purchase Price
$1399k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$312k
Downpayment
20%
$280k
Closing costs
1%
$13,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$0
Total Expenses
$8,956
Mortgage P&I
71840000%
$7,184
Property Taxes
12820000%
$1,282
Home Insurance
4900000%
$490
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0