This property looks like a bad Airbnb investment with a projected -11.49% first-year return on $86,754 initial cash invested.
-11.49%
Cash On Cash
3.58%
Cap Rate
0.57
DSCR
$2,176
Rent
-$831
Cashflow
Cash Flow
$2,176 income − $3,007 expenses = $831 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,754
Downpayment
20%
$65,480
Closing costs
1%
$3,274
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,176
Total Expenses
$3,007
Mortgage P&I
79%
$1,720
Property Taxes
8%
$165
Home Insurance
3%
$70
HOA
0%
$8
Property Management
15%
$326
CapEx
4%
$87
Vacancy
0%
$0
Maintenance
4%
$87
Other
25%
$544