This property looks like a bad Airbnb investment with a projected -29.14% first-year return on $177k initial cash invested.
-29.14%
Cash On Cash
0.17%
Cap Rate
0.03
DSCR
$1,759
Rent
-$4,292
Cashflow
Cash Flow
$1,759 income − $6,051 expenses = $4,292 out of pocket
Investment Breakdown
|
Purchase Price
$756k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$151k
Closing costs
1%
$7,559
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,759
Total Expenses
$6,051
Mortgage P&I
246%
$4,332
Property Taxes
16%
$281
Home Insurance
16%
$273
HOA
18%
$321
Property Management
15%
$264
CapEx
4%
$70
Vacancy
0%
$0
Maintenance
4%
$70
Other
25%
$440