This property looks like a bad Airbnb investment with a projected -9.54% first-year return on $53,595 initial cash invested.
-9.54%
Cash On Cash
4.12%
Cap Rate
0.61
DSCR
$1,492
Rent
-$426
Cashflow
Cash Flow
$1,492 income − $1,918 expenses = $426 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,595
Downpayment
20%
$33,900
Closing costs
1%
$1,695
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,492
Total Expenses
$1,918
Mortgage P&I
64%
$948
Property Taxes
13%
$187
Home Insurance
4%
$66
HOA
0%
$0
Property Management
15%
$224
CapEx
4%
$60
Vacancy
0%
$0
Maintenance
4%
$60
Other
25%
$373