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This property looks like a bad Airbnb investment with a projected -24.21% first-year return on $120k initial cash invested.
-24.21%
Cash On Cash
0%
Cap Rate
0
DSCR
$2,019
Rent
-$2,427
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,019 income − $4,446 expenses = $2,427 out of pocket
Investment Breakdown
|
Purchase Price
$487k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$97,440
Closing costs
1%
$4,872
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,019
Total Expenses
$4,446
Mortgage P&I
116%
$2,346
Property Taxes
35%
$706
Home Insurance
9%
$174
HOA
12%
$250
Property Management
15%
$303
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$505