This property looks like a bad Airbnb investment with a projected -15.08% first-year return on $133k initial cash invested.
-15.08%
Cash On Cash
2.64%
Cap Rate
0.44
DSCR
$3,331
Rent
-$1,665
Cashflow
Cash Flow
$3,331 income − $4,996 expenses = $1,665 out of pocket
Investment Breakdown
|
Purchase Price
$545k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,454
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,331
Total Expenses
$4,996
Mortgage P&I
82%
$2,734
Property Taxes
9%
$307
Home Insurance
6%
$201
HOA
5%
$155
Property Management
15%
$500
CapEx
4%
$133
Vacancy
0%
$0
Maintenance
4%
$133
Other
25%
$833