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This property looks like a bad Airbnb investment with a projected -20.95% first-year return on $157k initial cash invested.
-20.95%
Cash On Cash
1.24%
Cap Rate
0.21
DSCR
$3,490
Rent
-$2,732
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,490 income − $6,222 expenses = $2,732 out of pocket
Investment Breakdown
|
Purchase Price
$660k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$157k
Downpayment
20%
$132k
Closing costs
1%
$6,596
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,490
Total Expenses
$6,222
Mortgage P&I
94%
$3,275
Property Taxes
24%
$828
Home Insurance
7%
$234
HOA
6%
$209
Property Management
15%
$524
CapEx
4%
$140
Vacancy
0%
$0
Maintenance
4%
$140
Other
25%
$872