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2589 E Elm Ave, Salt Lake City, UT 84109

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Airbnb investment with a projected -17.34% first-year return on $147k initial cash invested.

-17.34%

Cash On Cash

1.93%

Cap Rate

0.33

DSCR

$2,544

Rent

-$2,126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,149

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$4,670

Mortgage P&I

118%

$3,014

Property Taxes

9%

$219

Home Insurance

8%

$215

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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