This property looks like a bad Airbnb investment with a projected -12.37% first-year return on $175k initial cash invested.
-12.37%
Cash On Cash
3.59%
Cap Rate
0.58
DSCR
$5,054
Rent
-$1,809
Cashflow
Cash Flow
$5,054 income − $6,863 expenses = $1,809 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,054
Total Expenses
$6,863
Mortgage P&I
76%
$3,853
Property Taxes
6%
$322
Home Insurance
5%
$262
HOA
0%
$0
Property Management
15%
$758
CapEx
4%
$202
Vacancy
0%
$0
Maintenance
4%
$202
Other
25%
$1,264