This property looks like a bad Airbnb investment with a projected -28.47% first-year return on $67,896 initial cash invested.
-28.47%
Cash On Cash
-1.4%
Cap Rate
-0.21
DSCR
$0
Rent
-$1,611
Cashflow
Cash Flow
$0 income − $1,611 expenses = $1,611 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,896
Downpayment
20%
$47,520
Closing costs
1%
$2,376
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,611
Mortgage P&I
13340000%
$1,334
Property Taxes
1930000%
$193
Home Insurance
840000%
$84
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0