This property looks like a bad Airbnb investment with a projected -30.57% first-year return on $281k initial cash invested.
-30.57%
Cash On Cash
-0.02%
Cap Rate
0
DSCR
$2,746
Rent
-$7,146
Cashflow
Cash Flow
$2,746 income − $9,892 expenses = $7,146 out of pocket
Investment Breakdown
|
Purchase Price
$1250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$281k
Downpayment
20%
$250k
Closing costs
1%
$12,500
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$9,892
Mortgage P&I
255%
$7,012
Property Taxes
40%
$1,094
Home Insurance
16%
$438
HOA
1%
$30
Property Management
15%
$412
CapEx
4%
$110
Vacancy
0%
$0
Maintenance
4%
$110
Other
25%
$686