This property looks like a bad Airbnb investment with a projected -9.73% first-year return on $97,674 initial cash invested.
-9.73%
Cash On Cash
3.91%
Cap Rate
0.65
DSCR
$3,352
Rent
-$792
Cashflow
Cash Flow
$3,352 income − $4,144 expenses = $792 out of pocket
Investment Breakdown
|
Purchase Price
$379k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,674
Downpayment
20%
$75,880
Closing costs
1%
$3,794
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,352
Total Expenses
$4,144
Mortgage P&I
56%
$1,894
Property Taxes
15%
$506
Home Insurance
4%
$135
HOA
0%
$0
Property Management
15%
$503
CapEx
4%
$134
Vacancy
0%
$0
Maintenance
4%
$134
Other
25%
$838