This property looks like a bad Airbnb investment with a projected -14.81% first-year return on $91,290 initial cash invested.
-14.81%
Cash On Cash
2.49%
Cap Rate
0.41
DSCR
$1,817
Rent
-$1,127
Cashflow
Cash Flow
$1,817 income − $2,944 expenses = $1,127 out of pocket
Investment Breakdown
|
Purchase Price
$349k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,290
Downpayment
20%
$69,800
Closing costs
1%
$3,490
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,817
Total Expenses
$2,944
Mortgage P&I
98%
$1,778
Property Taxes
9%
$165
Home Insurance
7%
$122
HOA
0%
$6
Property Management
15%
$273
CapEx
4%
$73
Vacancy
0%
$0
Maintenance
4%
$73
Other
25%
$454