This property looks like a bad Airbnb investment with a projected -9.25% first-year return on $86,145 initial cash invested.
-9.25%
Cash On Cash
4.42%
Cap Rate
0.68
DSCR
$2,856
Rent
-$664
Cashflow
Cash Flow
$2,856 income − $3,520 expenses = $664 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,856
Total Expenses
$3,520
Mortgage P&I
61%
$1,746
Property Taxes
10%
$290
Home Insurance
4%
$114
HOA
0%
$0
Property Management
15%
$428
CapEx
4%
$114
Vacancy
0%
$0
Maintenance
4%
$114
Other
25%
$714