This property looks like a bad Airbnb investment with a projected -5.93% first-year return on $81,924 initial cash invested.
-5.93%
Cash On Cash
5.46%
Cap Rate
0.83
DSCR
$3,001
Rent
-$405
Cashflow
Cash Flow
$3,001 income − $3,406 expenses = $405 out of pocket
Investment Breakdown
|
Purchase Price
$304k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,924
Downpayment
20%
$60,880
Closing costs
1%
$3,044
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,001
Total Expenses
$3,406
Mortgage P&I
56%
$1,669
Property Taxes
5%
$146
Home Insurance
4%
$108
HOA
1%
$43
Property Management
15%
$450
CapEx
4%
$120
Vacancy
0%
$0
Maintenance
4%
$120
Other
25%
$750