This property looks like a bad Airbnb investment with a projected -13.85% first-year return on $87,279 initial cash invested.
-13.85%
Cash On Cash
3.23%
Cap Rate
0.49
DSCR
$2,334
Rent
-$1,007
Cashflow
Cash Flow
$2,334 income − $3,341 expenses = $1,007 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,334
Total Expenses
$3,341
Mortgage P&I
77%
$1,803
Property Taxes
13%
$302
Home Insurance
5%
$116
HOA
0%
$0
Property Management
15%
$350
CapEx
4%
$93
Vacancy
0%
$0
Maintenance
4%
$93
Other
25%
$584