This property looks like a bad Airbnb investment with a projected -29.57% first-year return on $86,250 initial cash invested.
-29.57%
Cash On Cash
-1.12%
Cap Rate
-0.17
DSCR
$0
Rent
-$2,125
Cashflow
Cash Flow
$0 income − $2,125 expenses = $2,125 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
$0
Total Expenses
$2,125
Mortgage P&I
18220000%
$1,822
Property Taxes
1890000%
$189
Home Insurance
1140000%
$114
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0