This property looks like a bad Airbnb investment with a projected -10.94% first-year return on $112k initial cash invested.
-10.94%
Cash On Cash
3.77%
Cap Rate
0.62
DSCR
$3,666
Rent
-$1,021
Cashflow
Cash Flow
$3,666 income − $4,687 expenses = $1,021 out of pocket
Investment Breakdown
|
Purchase Price
$448k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,520
Closing costs
1%
$4,476
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,666
Total Expenses
$4,687
Mortgage P&I
62%
$2,279
Property Taxes
13%
$491
Home Insurance
4%
$157
HOA
0%
$0
Property Management
15%
$550
CapEx
4%
$147
Vacancy
0%
$0
Maintenance
4%
$147
Other
25%
$916