This property looks like a bad Airbnb investment with a projected -25.93% first-year return on $333k initial cash invested.
-25.93%
Cash On Cash
0.82%
Cap Rate
0.13
DSCR
$5,422
Rent
-$7,194
Cashflow
Cash Flow
$5,422 income − $12,616 expenses = $7,194 out of pocket
Investment Breakdown
|
Purchase Price
$1500k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$333k
Downpayment
20%
$300k
Closing costs
1%
$14,999
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,422
Total Expenses
$12,616
Mortgage P&I
148%
$8,001
Property Taxes
27%
$1,487
Home Insurance
10%
$525
HOA
0%
$0
Property Management
15%
$813
CapEx
4%
$217
Vacancy
0%
$0
Maintenance
4%
$217
Other
25%
$1,356