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This property looks like a bad Airbnb investment with a projected -3.22% first-year return on $66,300 initial cash invested.
-3.22%
Cash On Cash
6.22%
Cap Rate
0.94
DSCR
$2,483
Rent
-$178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,483 income − $2,661 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,483
Total Expenses
$2,661
Mortgage P&I
51%
$1,271
Property Taxes
5%
$119
Home Insurance
3%
$80
HOA
0%
$0
Property Management
15%
$372
CapEx
4%
$99
Vacancy
0%
$0
Maintenance
4%
$99
Other
25%
$621