This property looks like a bad Airbnb investment with a projected -12.96% first-year return on $118k initial cash invested.
-12.96%
Cash On Cash
3.32%
Cap Rate
0.54
DSCR
$3,468
Rent
-$1,272
Cashflow
Cash Flow
$3,468 income − $4,740 expenses = $1,272 out of pocket
Investment Breakdown
|
Purchase Price
$475k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$95,000
Closing costs
1%
$4,750
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,468
Total Expenses
$4,740
Mortgage P&I
71%
$2,448
Property Taxes
13%
$461
Home Insurance
5%
$166
HOA
0%
$0
Property Management
15%
$520
CapEx
4%
$139
Vacancy
0%
$0
Maintenance
4%
$139
Other
25%
$867