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This property looks like a bad Airbnb investment with a projected -15.91% first-year return on $224k initial cash invested.
-15.91%
Cash On Cash
2.61%
Cap Rate
0.43
DSCR
$4,684
Rent
-$2,967
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,684 income − $7,651 expenses = $2,967 out of pocket
Investment Breakdown
|
Purchase Price
$980k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,800
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,684
Total Expenses
$7,651
Mortgage P&I
105%
$4,912
Property Taxes
3%
$148
Home Insurance
7%
$343
HOA
0%
$0
Property Management
15%
$703
CapEx
4%
$187
Vacancy
0%
$0
Maintenance
4%
$187
Other
25%
$1,171