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This property looks like a bad Airbnb investment with a projected -10.77% first-year return on $68,400 initial cash invested.

-10.77%

Cash On Cash

3.9%

Cap Rate

0.59

DSCR

$1,905

Rent

-$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,519 expenses = $614 out of pocket

Income$1,905Out of Pocket$614Mortgage P&I$1,31869%Property Taxes$20311%Insurance$844%Management$28615%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$2,519

Mortgage P&I

69%

$1,318

Property Taxes

11%

$203

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

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3

1.5

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3

1.5

0.52 mi

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3

1

0.16 mi

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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