Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -15.6% first-year return on $121k initial cash invested.
-15.6%
Cash On Cash
2.39%
Cap Rate
0.4
DSCR
$2,528
Rent
-$1,568
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,528 income − $4,096 expenses = $1,568 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$121k
Downpayment
20%
$97,740
Closing costs
1%
$4,887
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,528
Total Expenses
$4,096
Mortgage P&I
96%
$2,439
Property Taxes
11%
$269
Home Insurance
7%
$175
HOA
0%
$0
Property Management
15%
$379
CapEx
4%
$101
Vacancy
0%
$0
Maintenance
4%
$101
Other
25%
$632