This property looks like a bad Airbnb investment with a projected -30.62% first-year return on $84,213 initial cash invested.
-30.62%
Cash On Cash
-1.61%
Cap Rate
-0.24
DSCR
$0
Rent
-$2,149
Cashflow
Cash Flow
$0 income − $2,149 expenses = $2,149 out of pocket
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,213
Downpayment
20%
$63,060
Closing costs
1%
$3,153
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,149
Mortgage P&I
17270000%
$1,727
Property Taxes
2560000%
$256
Home Insurance
1140000%
$114
HOA
520000%
$52
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0