This property looks like a bad Airbnb investment with a projected -19.64% first-year return on $110k initial cash invested.
-19.64%
Cash On Cash
1.4%
Cap Rate
0.23
DSCR
$1,750
Rent
-$1,793
Cashflow
Cash Flow
$1,750 income − $3,543 expenses = $1,793 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,180
Closing costs
1%
$4,359
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,750
Total Expenses
$3,543
Mortgage P&I
127%
$2,230
Property Taxes
11%
$191
Home Insurance
9%
$154
HOA
7%
$128
Property Management
15%
$262
CapEx
4%
$70
Vacancy
0%
$0
Maintenance
4%
$70
Other
25%
$438