This property looks like a bad Airbnb investment with a projected -26.74% first-year return on $218k initial cash invested.
-26.74%
Cash On Cash
0.1%
Cap Rate
0.02
DSCR
$1,932
Rent
-$4,846
Cashflow
Cash Flow
$1,932 income − $6,778 expenses = $4,846 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$218k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,932
Total Expenses
$6,778
Mortgage P&I
251%
$4,852
Property Taxes
35%
$667
Home Insurance
17%
$332
HOA
0%
$0
Property Management
15%
$290
CapEx
4%
$77
Vacancy
0%
$0
Maintenance
4%
$77
Other
25%
$483