This property looks like a bad Airbnb investment with a projected -28.35% first-year return on $437k initial cash invested.
-28.35%
Cash On Cash
0.34%
Cap Rate
0.05
DSCR
$3,719
Rent
-$10,323
Cashflow
Cash Flow
$3,719 income − $14,042 expenses = $10,323 out of pocket
Investment Breakdown
|
Purchase Price
$1995k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$437k
Downpayment
20%
$399k
Closing costs
1%
$19,950
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,719
Total Expenses
$14,042
Mortgage P&I
289%
$10,732
Property Taxes
19%
$709
Home Insurance
19%
$698
HOA
3%
$117
Property Management
15%
$558
CapEx
4%
$149
Vacancy
0%
$0
Maintenance
4%
$149
Other
25%
$930