This property looks like a bad Airbnb investment with a projected -16.04% first-year return on $86,250 initial cash invested.
-16.04%
Cash On Cash
2.2%
Cap Rate
0.35
DSCR
$1,568
Rent
-$1,153
Cashflow
Cash Flow
$1,568 income − $2,721 expenses = $1,153 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,568
Total Expenses
$2,721
Mortgage P&I
108%
$1,686
Property Taxes
11%
$168
Home Insurance
7%
$114
HOA
0%
$0
Property Management
15%
$235
CapEx
4%
$63
Vacancy
0%
$0
Maintenance
4%
$63
Other
25%
$392