This property looks like a bad Airbnb investment with a projected -7.29% first-year return on $86,628 initial cash invested.
-7.29%
Cash On Cash
5.19%
Cap Rate
0.77
DSCR
$2,855
Rent
-$526
Cashflow
Cash Flow
$2,855 income − $3,381 expenses = $526 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,628
Downpayment
20%
$65,360
Closing costs
1%
$3,268
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,855
Total Expenses
$3,381
Mortgage P&I
64%
$1,826
Property Taxes
2%
$69
Home Insurance
4%
$116
HOA
0%
$0
Property Management
15%
$428
CapEx
4%
$114
Vacancy
0%
$0
Maintenance
4%
$114
Other
25%
$714