This property looks like a bad Airbnb investment with a projected -32.89% first-year return on $193k initial cash invested.
-32.89%
Cash On Cash
-1.54%
Cap Rate
-0.25
DSCR
$0
Rent
-$5,299
Cashflow
Cash Flow
$0 income − $5,299 expenses = $5,299 out of pocket
Investment Breakdown
|
Purchase Price
$835k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$193k
Downpayment
20%
$167k
Closing costs
1%
$8,350
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$5,299
Mortgage P&I
42280000%
$4,228
Property Taxes
7790000%
$779
Home Insurance
2920000%
$292
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0