This property looks like a bad Airbnb investment with a projected -13.25% first-year return on $71,256 initial cash invested.
-13.25%
Cash On Cash
3.3%
Cap Rate
0.5
DSCR
$2,022
Rent
-$787
Cashflow
Cash Flow
$2,022 income − $2,809 expenses = $787 out of pocket
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,256
Downpayment
20%
$50,720
Closing costs
1%
$2,536
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,022
Total Expenses
$2,809
Mortgage P&I
69%
$1,403
Property Taxes
17%
$349
Home Insurance
4%
$86
HOA
0%
$0
Property Management
15%
$303
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$506