This property looks like a bad Airbnb investment with a projected -11.27% first-year return on $99,942 initial cash invested.
-11.27%
Cash On Cash
4.07%
Cap Rate
0.61
DSCR
$2,712
Rent
-$939
Cashflow
Cash Flow
$2,712 income − $3,651 expenses = $939 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,942
Downpayment
20%
$78,040
Closing costs
1%
$3,902
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,712
Total Expenses
$3,651
Mortgage P&I
80%
$2,156
Property Taxes
2%
$50
Home Insurance
5%
$144
HOA
0%
$0
Property Management
15%
$407
CapEx
4%
$108
Vacancy
0%
$0
Maintenance
4%
$108
Other
25%
$678