Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -24.23% first-year return on $147k initial cash invested.
-24.23%
Cash On Cash
0.33%
Cap Rate
0.06
DSCR
$2,648
Rent
-$2,973
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,648 income − $5,621 expenses = $2,973 out of pocket
Investment Breakdown
|
Purchase Price
$616k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$147k
Downpayment
20%
$123k
Closing costs
1%
$6,155
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,648
Total Expenses
$5,621
Mortgage P&I
115%
$3,035
Property Taxes
31%
$819
Home Insurance
8%
$219
HOA
10%
$277
Property Management
15%
$397
CapEx
4%
$106
Vacancy
0%
$0
Maintenance
4%
$106
Other
25%
$662