This property looks like a bad Airbnb investment with a projected -33.17% first-year return on $207k initial cash invested.
-33.17%
Cash On Cash
-0.77%
Cap Rate
-0.11
DSCR
$1,150
Rent
-$5,714
Cashflow
Cash Flow
$1,150 income − $6,864 expenses = $5,714 out of pocket
Investment Breakdown
|
Purchase Price
$899k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$207k
Downpayment
20%
$180k
Closing costs
1%
$8,988
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,150
Total Expenses
$6,864
Mortgage P&I
443%
$5,094
Property Taxes
78%
$894
Home Insurance
28%
$324
HOA
0%
$0
Property Management
15%
$172
CapEx
4%
$46
Vacancy
0%
$0
Maintenance
4%
$46
Other
25%
$288