This property looks like a bad Airbnb investment with a projected -6.64% first-year return on $106k initial cash invested.
-6.64%
Cash On Cash
5.43%
Cap Rate
0.82
DSCR
$4,317
Rent
-$584
Cashflow
Cash Flow
$4,317 income − $4,901 expenses = $584 out of pocket
Investment Breakdown
|
Purchase Price
$417k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$83,360
Closing costs
1%
$4,168
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,317
Total Expenses
$4,901
Mortgage P&I
53%
$2,297
Property Taxes
9%
$382
Home Insurance
3%
$149
HOA
0%
$0
Property Management
15%
$648
CapEx
4%
$173
Vacancy
0%
$0
Maintenance
4%
$173
Other
25%
$1,079