This property looks like a bad Airbnb investment with a projected -10.83% first-year return on $86,649 initial cash invested.
-10.83%
Cash On Cash
3.67%
Cap Rate
0.59
DSCR
$2,473
Rent
-$782
Cashflow
Cash Flow
$2,473 income − $3,255 expenses = $782 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,649
Downpayment
20%
$65,380
Closing costs
1%
$3,269
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,473
Total Expenses
$3,255
Mortgage P&I
68%
$1,684
Property Taxes
11%
$269
Home Insurance
5%
$115
HOA
0%
$0
Property Management
15%
$371
CapEx
4%
$99
Vacancy
0%
$0
Maintenance
4%
$99
Other
25%
$618