Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -11.9% first-year return on $216k initial cash invested.
-11.9%
Cash On Cash
3.61%
Cap Rate
0.6
DSCR
$6,648
Rent
-$2,146
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,648 income − $8,794 expenses = $2,146 out of pocket
Investment Breakdown
|
Purchase Price
$945k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$189k
Closing costs
1%
$9,450
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,648
Total Expenses
$8,794
Mortgage P&I
71%
$4,721
Property Taxes
7%
$468
Home Insurance
5%
$331
HOA
1%
$83
Property Management
15%
$997
CapEx
4%
$266
Vacancy
0%
$0
Maintenance
4%
$266
Other
25%
$1,662