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This property looks like a bad Airbnb investment with a projected -10.65% first-year return on $69,660 initial cash invested.
-10.65%
Cash On Cash
3.7%
Cap Rate
0.59
DSCR
$2,549
Rent
-$618
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,549 income − $3,167 expenses = $618 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,660
Downpayment
20%
$49,200
Closing costs
1%
$2,460
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,549
Total Expenses
$3,167
Mortgage P&I
50%
$1,274
Property Taxes
22%
$565
Home Insurance
4%
$90
HOA
1%
$15
Property Management
15%
$382
CapEx
4%
$102
Vacancy
0%
$0
Maintenance
4%
$102
Other
25%
$637