This property looks like a bad Airbnb investment with a projected -16.92% first-year return on $76,527 initial cash invested.
-16.92%
Cash On Cash
2.45%
Cap Rate
0.36
DSCR
$1,765
Rent
-$1,079
Cashflow
Cash Flow
$1,765 income − $2,844 expenses = $1,079 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,527
Downpayment
20%
$55,740
Closing costs
1%
$2,787
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,765
Total Expenses
$2,844
Mortgage P&I
89%
$1,576
Property Taxes
16%
$284
Home Insurance
6%
$98
HOA
2%
$38
Property Management
15%
$265
CapEx
4%
$71
Vacancy
0%
$0
Maintenance
4%
$71
Other
25%
$441