This property looks like a bad Airbnb investment with a projected -0.11% first-year return on $65,922 initial cash invested.
-0.11%
Cash On Cash
7.28%
Cap Rate
1.09
DSCR
$3,058
Rent
-$6
Cashflow
Cash Flow
$3,058 income − $3,064 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,922
Downpayment
20%
$45,640
Closing costs
1%
$2,282
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,058
Total Expenses
$3,064
Mortgage P&I
42%
$1,269
Property Taxes
8%
$244
Home Insurance
3%
$84
HOA
0%
$0
Property Management
15%
$459
CapEx
4%
$122
Vacancy
0%
$0
Maintenance
4%
$122
Other
25%
$764