This property looks like a bad Airbnb investment with a projected -34.16% first-year return on $129k initial cash invested.
-34.16%
Cash On Cash
-1.61%
Cap Rate
-0.24
DSCR
$0
Rent
-$3,680
Cashflow
Cash Flow
$0 income − $3,680 expenses = $3,680 out of pocket
Investment Breakdown
|
Purchase Price
$530k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$106k
Closing costs
1%
$5,299
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$0
Total Expenses
$3,680
Mortgage P&I
29700000%
$2,970
Property Taxes
5240000%
$524
Home Insurance
1860000%
$186
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0