This property looks like a bad Airbnb investment with a projected -16.39% first-year return on $138k initial cash invested.
-16.39%
Cash On Cash
2.98%
Cap Rate
0.45
DSCR
$3,688
Rent
-$1,891
Cashflow
Cash Flow
$3,688 income − $5,579 expenses = $1,891 out of pocket
Investment Breakdown
|
Purchase Price
$574k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$138k
Downpayment
20%
$115k
Closing costs
1%
$5,736
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,688
Total Expenses
$5,579
Mortgage P&I
86%
$3,169
Property Taxes
10%
$356
Home Insurance
6%
$203
HOA
2%
$80
Property Management
15%
$553
CapEx
4%
$148
Vacancy
0%
$0
Maintenance
4%
$148
Other
25%
$922