This property looks like a bad Airbnb investment with a projected -25.93% first-year return on $252k initial cash invested.
-25.93%
Cash On Cash
0.41%
Cap Rate
0.07
DSCR
$3,575
Rent
-$5,445
Cashflow
Cash Flow
$3,575 income − $9,020 expenses = $5,445 out of pocket
Investment Breakdown
|
Purchase Price
$1114k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$223k
Closing costs
1%
$11,140
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,575
Total Expenses
$9,020
Mortgage P&I
159%
$5,680
Property Taxes
37%
$1,309
Home Insurance
9%
$315
HOA
0%
$0
Property Management
15%
$536
CapEx
4%
$143
Vacancy
0%
$0
Maintenance
4%
$143
Other
25%
$894