This property looks like a bad Airbnb investment with a projected -22.51% first-year return on $109k initial cash invested.
-22.51%
Cash On Cash
1.25%
Cap Rate
0.19
DSCR
$3,277
Rent
-$2,049
Cashflow
Cash Flow
$3,277 income − $5,326 expenses = $2,049 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$86,900
Closing costs
1%
$4,345
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,277
Total Expenses
$5,326
Mortgage P&I
72%
$2,371
Property Taxes
21%
$692
Home Insurance
5%
$154
HOA
16%
$536
Property Management
15%
$492
CapEx
4%
$131
Vacancy
0%
$0
Maintenance
4%
$131
Other
25%
$819