This property looks like a bad Airbnb investment with a projected -10.71% first-year return on $110k initial cash invested.
-10.71%
Cash On Cash
4.35%
Cap Rate
0.66
DSCR
$4,322
Rent
-$984
Cashflow
Cash Flow
$4,322 income − $5,306 expenses = $984 out of pocket
Investment Breakdown
|
Purchase Price
$439k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,840
Closing costs
1%
$4,392
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,322
Total Expenses
$5,306
Mortgage P&I
56%
$2,403
Property Taxes
16%
$675
Home Insurance
4%
$154
HOA
0%
$0
Property Management
15%
$648
CapEx
4%
$173
Vacancy
0%
$0
Maintenance
4%
$173
Other
25%
$1,080