This property looks like a bad Airbnb investment with a projected -18.04% first-year return on $109k initial cash invested.
-18.04%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$2,268
Rent
-$1,644
Cashflow
Cash Flow
$2,268 income − $3,912 expenses = $1,644 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,268
Total Expenses
$3,912
Mortgage P&I
96%
$2,188
Property Taxes
21%
$483
Home Insurance
7%
$152
HOA
0%
$0
Property Management
15%
$340
CapEx
4%
$91
Vacancy
0%
$0
Maintenance
4%
$91
Other
25%
$567