This property looks like a bad Airbnb investment with a projected -25.02% first-year return on $202k initial cash invested.
-25.02%
Cash On Cash
0.51%
Cap Rate
0.08
DSCR
$2,022
Rent
-$4,206
Cashflow
Cash Flow
$2,022 income − $6,228 expenses = $4,206 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,022
Total Expenses
$6,228
Mortgage P&I
222%
$4,498
Property Taxes
16%
$328
Home Insurance
15%
$306
HOA
6%
$125
Property Management
15%
$303
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$506