This property looks like a bad Airbnb investment with a projected -25.61% first-year return on $58,950 initial cash invested.
-25.61%
Cash On Cash
-1.02%
Cap Rate
-0.15
DSCR
$0
Rent
-$1,258
Cashflow
Cash Flow
$0 income − $1,258 expenses = $1,258 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,258
Mortgage P&I
10920000%
$1,092
Property Taxes
980000%
$98
Home Insurance
680000%
$68
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0