This property looks like a bad Airbnb investment with a projected -21.01% first-year return on $191k initial cash invested.
-21.01%
Cash On Cash
1.51%
Cap Rate
0.25
DSCR
$3,859
Rent
-$3,339
Cashflow
Cash Flow
$3,859 income − $7,198 expenses = $3,339 out of pocket
Investment Breakdown
|
Purchase Price
$823k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,226
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,859
Total Expenses
$7,198
Mortgage P&I
109%
$4,219
Property Taxes
21%
$829
Home Insurance
8%
$298
HOA
0%
$0
Property Management
15%
$579
CapEx
4%
$154
Vacancy
0%
$0
Maintenance
4%
$154
Other
25%
$965