This property looks like a bad Airbnb investment with a projected -16.18% first-year return on $127k initial cash invested.
-16.18%
Cash On Cash
2.99%
Cap Rate
0.45
DSCR
$4,006
Rent
-$1,715
Cashflow
Cash Flow
$4,006 income − $5,721 expenses = $1,715 out of pocket
Investment Breakdown
|
Purchase Price
$520k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$127k
Downpayment
20%
$104k
Closing costs
1%
$5,201
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,006
Total Expenses
$5,721
Mortgage P&I
71%
$2,851
Property Taxes
13%
$516
Home Insurance
5%
$186
HOA
6%
$245
Property Management
15%
$601
CapEx
4%
$160
Vacancy
0%
$0
Maintenance
4%
$160
Other
25%
$1,002