This property looks like a bad Airbnb investment with a projected -25.81% first-year return on $191k initial cash invested.
-25.81%
Cash On Cash
-0.25%
Cap Rate
-0.04
DSCR
$1,268
Rent
-$4,112
Cashflow
Cash Flow
$1,268 income − $5,380 expenses = $4,112 out of pocket
Investment Breakdown
|
Purchase Price
$768k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$154k
Closing costs
1%
$7,675
Rehab
0%
$0
Furnishing
4%
$30,000
Cashflow
Total Income
$1,268
Total Expenses
$5,380
Mortgage P&I
308%
$3,900
Property Taxes
47%
$595
Home Insurance
22%
$276
HOA
0%
$0
Property Management
15%
$190
CapEx
4%
$51
Vacancy
0%
$0
Maintenance
4%
$51
Other
25%
$317