This property looks like a bad Airbnb investment with a projected -30.16% first-year return on $96,750 initial cash invested.
-30.16%
Cash On Cash
-1.21%
Cap Rate
-0.18
DSCR
$0
Rent
-$2,432
Cashflow
Cash Flow
$0 income − $2,432 expenses = $2,432 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,432
Mortgage P&I
20530000%
$2,053
Property Taxes
2480000%
$248
Home Insurance
1310000%
$131
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0