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This property looks like a bad Airbnb investment with a projected -11.63% first-year return on $68,820 initial cash invested.
-11.63%
Cash On Cash
3.27%
Cap Rate
0.54
DSCR
$2,352
Rent
-$667
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,352 income − $3,019 expenses = $667 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,820
Downpayment
20%
$48,400
Closing costs
1%
$2,420
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,352
Total Expenses
$3,019
Mortgage P&I
52%
$1,233
Property Taxes
17%
$389
Home Insurance
4%
$88
HOA
8%
$180
Property Management
15%
$353
CapEx
4%
$94
Vacancy
0%
$0
Maintenance
4%
$94
Other
25%
$588