This property looks like a bad Airbnb investment with a projected -26.23% first-year return on $141k initial cash invested.
-26.23%
Cash On Cash
0.34%
Cap Rate
0.05
DSCR
$913
Rent
-$3,073
Cashflow
Cash Flow
$913 income − $3,986 expenses = $3,073 out of pocket
Investment Breakdown
|
Purchase Price
$584k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$141k
Downpayment
20%
$117k
Closing costs
1%
$5,837
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$913
Total Expenses
$3,986
Mortgage P&I
351%
$3,203
Property Taxes
14%
$129
Home Insurance
24%
$215
HOA
0%
$0
Property Management
15%
$137
CapEx
4%
$37
Vacancy
0%
$0
Maintenance
4%
$37
Other
25%
$228