This property looks like a bad Airbnb investment with a projected -33.56% first-year return on $213k initial cash invested.
-33.56%
Cash On Cash
-1.56%
Cap Rate
-0.25
DSCR
$0
Rent
-$5,956
Cashflow
Cash Flow
$0 income − $5,956 expenses = $5,956 out of pocket
Investment Breakdown
|
Purchase Price
$928k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$213k
Downpayment
20%
$186k
Closing costs
1%
$9,284
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$5,956
Mortgage P&I
47500000%
$4,750
Property Taxes
8770000%
$877
Home Insurance
3290000%
$329
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0