This property looks like a bad Airbnb investment with a projected -20.01% first-year return on $228k initial cash invested.
-20.01%
Cash On Cash
1.67%
Cap Rate
0.28
DSCR
$3,330
Rent
-$3,797
Cashflow
Cash Flow
$3,330 income − $7,127 expenses = $3,797 out of pocket
Investment Breakdown
|
Purchase Price
$999k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$228k
Downpayment
20%
$200k
Closing costs
1%
$9,985
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,330
Total Expenses
$7,127
Mortgage P&I
152%
$5,057
Property Taxes
4%
$122
Home Insurance
11%
$350
HOA
0%
$0
Property Management
15%
$500
CapEx
4%
$133
Vacancy
0%
$0
Maintenance
4%
$133
Other
25%
$832