This property looks like a bad Airbnb investment with a projected -4.91% first-year return on $102k initial cash invested.
-4.91%
Cash On Cash
5.36%
Cap Rate
0.87
DSCR
$4,055
Rent
-$418
Cashflow
Cash Flow
$4,055 income − $4,473 expenses = $418 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,120
Closing costs
1%
$4,006
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,055
Total Expenses
$4,473
Mortgage P&I
50%
$2,044
Property Taxes
8%
$343
Home Insurance
3%
$140
HOA
0%
$0
Property Management
15%
$608
CapEx
4%
$162
Vacancy
0%
$0
Maintenance
4%
$162
Other
25%
$1,014