This property looks like a bad Airbnb investment with a projected -26.09% first-year return on $86,250 initial cash invested.
-26.09%
Cash On Cash
-0.08%
Cap Rate
-0.01
DSCR
$978
Rent
-$1,875
Cashflow
Cash Flow
$978 income − $2,853 expenses = $1,875 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$978
Total Expenses
$2,853
Mortgage P&I
185%
$1,813
Property Taxes
44%
$428
Home Insurance
12%
$114
HOA
3%
$29
Property Management
15%
$147
CapEx
4%
$39
Vacancy
0%
$0
Maintenance
4%
$39
Other
25%
$244