This property looks like a bad Airbnb investment with a projected -21.03% first-year return on $170k initial cash invested.
-21.03%
Cash On Cash
1.26%
Cap Rate
0.21
DSCR
$1,885
Rent
-$2,983
Cashflow
Cash Flow
$1,885 income − $4,868 expenses = $2,983 out of pocket
Investment Breakdown
|
Purchase Price
$725k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,250
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,885
Total Expenses
$4,868
Mortgage P&I
195%
$3,669
Property Taxes
2%
$41
Home Insurance
13%
$254
HOA
0%
$0
Property Management
15%
$283
CapEx
4%
$75
Vacancy
0%
$0
Maintenance
4%
$75
Other
25%
$471