Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -2.94% first-year return on $66,195 initial cash invested.
-2.94%
Cash On Cash
6.24%
Cap Rate
0.96
DSCR
$2,841
Rent
-$162
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,841 income − $3,003 expenses = $162 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,195
Downpayment
20%
$45,900
Closing costs
1%
$2,295
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,841
Total Expenses
$3,003
Mortgage P&I
44%
$1,241
Property Taxes
11%
$318
Home Insurance
3%
$80
HOA
0%
$0
Property Management
15%
$426
CapEx
4%
$114
Vacancy
0%
$0
Maintenance
4%
$114
Other
25%
$710