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176 N Carolina Ave SE, Washington, DC 20003

3 beds • 4 baths • 2364 sqft

$1,395,600

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This property looks like a bad Airbnb investment with a projected -7.42% first-year return on $311k initial cash invested.

-7.42%

Cash On Cash

4.91%

Cap Rate

0.8

DSCR

$12,405

Rent

-$1,924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$12,405 income − $14,329 expenses = $1,924 out of pocket

Income$12,405Out of Pocket$1,924Mortgage P&I$7,13658%Property Taxes$8567%Insurance$3833%Management$1,86115%CapEx$4964%Maintenance$4964%Other$3,10125%

Investment Breakdown

|

Purchase Price

$1396k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,956

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$12,405

Total Expenses

$14,329

Mortgage P&I

58%

$7,136

Property Taxes

7%

$856

Home Insurance

3%

$383

HOA

0%

$0

Property Management

15%

$1,861

CapEx

4%

$496

Vacancy

0%

$0

Maintenance

4%

$496

Other

25%

$3,101

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