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This property looks like a bad Airbnb investment with a projected -10.15% first-year return on $65,040 initial cash invested.
-10.15%
Cash On Cash
4.11%
Cap Rate
0.62
DSCR
$2,004
Rent
-$550
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,004 income − $2,554 expenses = $550 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,040
Downpayment
20%
$44,800
Closing costs
1%
$2,240
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,004
Total Expenses
$2,554
Mortgage P&I
62%
$1,238
Property Taxes
14%
$275
Home Insurance
4%
$79
HOA
0%
$0
Property Management
15%
$301
CapEx
4%
$80
Vacancy
0%
$0
Maintenance
4%
$80
Other
25%
$501