This property looks like a bad Airbnb investment with a projected -9.4% first-year return on $128k initial cash invested.
-9.4%
Cash On Cash
4.76%
Cap Rate
0.72
DSCR
$4,861
Rent
-$999
Cashflow
Cash Flow
$4,861 income − $5,860 expenses = $999 out of pocket
Investment Breakdown
|
Purchase Price
$522k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$104k
Closing costs
1%
$5,216
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,861
Total Expenses
$5,860
Mortgage P&I
59%
$2,875
Property Taxes
8%
$391
Home Insurance
4%
$192
HOA
1%
$70
Property Management
15%
$729
CapEx
4%
$194
Vacancy
0%
$0
Maintenance
4%
$194
Other
25%
$1,215