This property looks like a bad Airbnb investment with a projected -13.18% first-year return on $97,716 initial cash invested.
-13.18%
Cash On Cash
3.16%
Cap Rate
0.52
DSCR
$3,690
Rent
-$1,073
Cashflow
Cash Flow
$3,690 income − $4,763 expenses = $1,073 out of pocket
Investment Breakdown
|
Purchase Price
$380k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,716
Downpayment
20%
$75,920
Closing costs
1%
$3,796
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,690
Total Expenses
$4,763
Mortgage P&I
52%
$1,926
Property Taxes
11%
$401
Home Insurance
8%
$297
HOA
10%
$367
Property Management
15%
$554
CapEx
4%
$148
Vacancy
0%
$0
Maintenance
4%
$148
Other
25%
$922