This property looks like a bad Airbnb investment with a projected -23.92% first-year return on $133k initial cash invested.
-23.92%
Cash On Cash
0.54%
Cap Rate
0.09
DSCR
$2,726
Rent
-$2,652
Cashflow
Cash Flow
$2,726 income − $5,378 expenses = $2,652 out of pocket
Investment Breakdown
|
Purchase Price
$548k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$110k
Closing costs
1%
$5,479
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$5,378
Mortgage P&I
102%
$2,788
Property Taxes
33%
$906
Home Insurance
7%
$200
HOA
6%
$175
Property Management
15%
$409
CapEx
4%
$109
Vacancy
0%
$0
Maintenance
4%
$109
Other
25%
$682