This property looks like a bad Airbnb investment with a projected -27.37% first-year return on $88,749 initial cash invested.
-27.37%
Cash On Cash
-1.06%
Cap Rate
-0.17
DSCR
$0
Rent
-$2,024
Cashflow
Cash Flow
$0 income − $2,024 expenses = $2,024 out of pocket
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,749
Downpayment
20%
$67,380
Closing costs
1%
$3,369
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,024
Mortgage P&I
17260000%
$1,726
Property Taxes
1790000%
$179
Home Insurance
1190000%
$119
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0