This property looks like a bad Airbnb investment with a projected -32.28% first-year return on $97,065 initial cash invested.
-32.28%
Cash On Cash
-1.66%
Cap Rate
-0.25
DSCR
$0
Rent
-$2,611
Cashflow
Cash Flow
$0 income − $2,611 expenses = $2,611 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,065
Downpayment
20%
$75,300
Closing costs
1%
$3,765
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,611
Mortgage P&I
20910000%
$2,091
Property Taxes
3850000%
$385
Home Insurance
1350000%
$135
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0