This property looks like a bad Airbnb investment with a projected -3.69% first-year return on $112k initial cash invested.
-3.69%
Cash On Cash
5.52%
Cap Rate
0.92
DSCR
$4,271
Rent
-$345
Cashflow
Cash Flow
$4,271 income − $4,616 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$449k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,800
Closing costs
1%
$4,490
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,271
Total Expenses
$4,616
Mortgage P&I
52%
$2,241
Property Taxes
4%
$167
Home Insurance
4%
$157
HOA
0%
$0
Property Management
15%
$641
CapEx
4%
$171
Vacancy
0%
$0
Maintenance
4%
$171
Other
25%
$1,068