Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -4.28% first-year return on $68,379 initial cash invested.
-4.28%
Cash On Cash
5.6%
Cap Rate
0.89
DSCR
$2,772
Rent
-$244
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,772 income − $3,016 expenses = $244 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,772
Total Expenses
$3,016
Mortgage P&I
45%
$1,253
Property Taxes
13%
$348
Home Insurance
3%
$84
HOA
0%
$0
Property Management
15%
$416
CapEx
4%
$111
Vacancy
0%
$0
Maintenance
4%
$111
Other
25%
$693