This property looks like a bad Airbnb investment with a projected -31.79% first-year return on $249k initial cash invested.
-31.79%
Cash On Cash
-0.79%
Cap Rate
-0.12
DSCR
$1,103
Rent
-$6,597
Cashflow
Cash Flow
$1,103 income − $7,700 expenses = $6,597 out of pocket
Investment Breakdown
|
Purchase Price
$1100k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$249k
Downpayment
20%
$220k
Closing costs
1%
$11,000
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,103
Total Expenses
$7,700
Mortgage P&I
529%
$5,833
Property Taxes
86%
$953
Home Insurance
35%
$385
HOA
0%
$0
Property Management
15%
$165
CapEx
4%
$44
Vacancy
0%
$0
Maintenance
4%
$44
Other
25%
$276