This property looks like a bad Airbnb investment with a projected -20.5% first-year return on $161k initial cash invested.
-20.5%
Cash On Cash
1.93%
Cap Rate
0.3
DSCR
$3,568
Rent
-$2,744
Cashflow
Cash Flow
$3,568 income − $6,312 expenses = $2,744 out of pocket
Investment Breakdown
|
Purchase Price
$679k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,790
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,568
Total Expenses
$6,312
Mortgage P&I
103%
$3,693
Property Taxes
19%
$668
Home Insurance
7%
$238
HOA
0%
$0
Property Management
15%
$535
CapEx
4%
$143
Vacancy
0%
$0
Maintenance
4%
$143
Other
25%
$892