Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -16.08% first-year return on $121k initial cash invested.
-16.08%
Cash On Cash
2.36%
Cap Rate
0.39
DSCR
$2,428
Rent
-$1,616
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,428 income − $4,044 expenses = $1,616 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,700
Closing costs
1%
$4,885
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,428
Total Expenses
$4,044
Mortgage P&I
102%
$2,481
Property Taxes
9%
$226
Home Insurance
7%
$172
HOA
0%
$0
Property Management
15%
$364
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$607