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This property looks like a bad Airbnb investment with a projected -11.43% first-year return on $68,988 initial cash invested.
-11.43%
Cash On Cash
3.6%
Cap Rate
0.56
DSCR
$2,347
Rent
-$657
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,347 income − $3,004 expenses = $657 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,988
Downpayment
20%
$48,560
Closing costs
1%
$2,428
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,347
Total Expenses
$3,004
Mortgage P&I
55%
$1,292
Property Taxes
21%
$498
Home Insurance
4%
$87
HOA
0%
$0
Property Management
15%
$352
CapEx
4%
$94
Vacancy
0%
$0
Maintenance
4%
$94
Other
25%
$587