This property looks like a bad Airbnb investment with a projected -27.72% first-year return on $128k initial cash invested.
-27.72%
Cash On Cash
-0.45%
Cap Rate
-0.07
DSCR
$1,308
Rent
-$2,963
Cashflow
Cash Flow
$1,308 income − $4,271 expenses = $2,963 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$1,308
Total Expenses
$4,271
Mortgage P&I
207%
$2,712
Property Taxes
57%
$748
Home Insurance
14%
$184
HOA
0%
$0
Property Management
15%
$196
CapEx
4%
$52
Vacancy
0%
$0
Maintenance
4%
$52
Other
25%
$327