This property looks like a bad Airbnb investment with a projected -5.28% first-year return on $86,439 initial cash invested.
-5.28%
Cash On Cash
5.7%
Cap Rate
0.87
DSCR
$3,559
Rent
-$380
Cashflow
Cash Flow
$3,559 income − $3,939 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,439
Downpayment
20%
$65,180
Closing costs
1%
$3,259
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,559
Total Expenses
$3,939
Mortgage P&I
50%
$1,786
Property Taxes
9%
$313
Home Insurance
3%
$115
HOA
0%
$17
Property Management
15%
$534
CapEx
4%
$142
Vacancy
0%
$0
Maintenance
4%
$142
Other
25%
$890