Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -4.74% first-year return on $65,019 initial cash invested.
-4.74%
Cash On Cash
5.61%
Cap Rate
0.87
DSCR
$2,415
Rent
-$257
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,415 income − $2,672 expenses = $257 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,019
Downpayment
20%
$44,780
Closing costs
1%
$2,239
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,415
Total Expenses
$2,672
Mortgage P&I
50%
$1,207
Property Taxes
8%
$188
Home Insurance
3%
$79
HOA
2%
$38
Property Management
15%
$362
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$604