This property looks like a bad Airbnb investment with a projected -21.13% first-year return on $86,250 initial cash invested.
-21.13%
Cash On Cash
1.33%
Cap Rate
0.2
DSCR
$1,765
Rent
-$1,519
Cashflow
Cash Flow
$1,765 income − $3,284 expenses = $1,519 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,765
Total Expenses
$3,284
Mortgage P&I
102%
$1,809
Property Taxes
28%
$486
Home Insurance
6%
$114
HOA
2%
$27
Property Management
15%
$265
CapEx
4%
$71
Vacancy
0%
$0
Maintenance
4%
$71
Other
25%
$441