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This property looks like a bad Airbnb investment with a projected -2.88% first-year return on $70,080 initial cash invested.
-2.88%
Cash On Cash
6.2%
Cap Rate
0.95
DSCR
$2,524
Rent
-$168
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,524 income − $2,692 expenses = $168 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,080
Downpayment
20%
$49,600
Closing costs
1%
$2,480
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,524
Total Expenses
$2,692
Mortgage P&I
53%
$1,349
Property Taxes
2%
$44
Home Insurance
3%
$87
HOA
0%
$0
Property Management
15%
$379
CapEx
4%
$101
Vacancy
0%
$0
Maintenance
4%
$101
Other
25%
$631