This property looks like a bad Airbnb investment with a projected -26.91% first-year return on $205k initial cash invested.
-26.91%
Cash On Cash
0.45%
Cap Rate
0.07
DSCR
$2,290
Rent
-$4,589
Cashflow
Cash Flow
$2,290 income − $6,879 expenses = $4,589 out of pocket
Investment Breakdown
|
Purchase Price
$889k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$205k
Downpayment
20%
$178k
Closing costs
1%
$8,889
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,290
Total Expenses
$6,879
Mortgage P&I
211%
$4,831
Property Taxes
28%
$637
Home Insurance
14%
$311
HOA
0%
$0
Property Management
15%
$344
CapEx
4%
$92
Vacancy
0%
$0
Maintenance
4%
$92
Other
25%
$572