This property looks like a bad Airbnb investment with a projected -34.11% first-year return on $329k initial cash invested.
-34.11%
Cash On Cash
-1.02%
Cap Rate
-0.16
DSCR
$0
Rent
-$9,341
Cashflow
Cash Flow
$0 income − $9,341 expenses = $9,341 out of pocket
Investment Breakdown
|
Purchase Price
$1479k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$329k
Downpayment
20%
$296k
Closing costs
1%
$14,792
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$0
Total Expenses
$9,341
Mortgage P&I
80810000%
$8,081
Property Taxes
5600000%
$560
Home Insurance
7000000%
$700
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0