This property looks like a bad Airbnb investment with a projected -5.14% first-year return on $49,479 initial cash invested.
-5.14%
Cash On Cash
5.66%
Cap Rate
0.85
DSCR
$2,077
Rent
-$212
Cashflow
Cash Flow
$2,077 income − $2,289 expenses = $212 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,077
Total Expenses
$2,289
Mortgage P&I
40%
$836
Property Taxes
19%
$404
Home Insurance
3%
$52
HOA
0%
$0
Property Management
15%
$312
CapEx
4%
$83
Vacancy
0%
$0
Maintenance
4%
$83
Other
25%
$519