This property looks like a bad Airbnb investment with a projected -6.93% first-year return on $119k initial cash invested.
-6.93%
Cash On Cash
4.94%
Cap Rate
0.79
DSCR
$4,164
Rent
-$688
Cashflow
Cash Flow
$4,164 income − $4,852 expenses = $688 out of pocket
Investment Breakdown
|
Purchase Price
$482k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$96,360
Closing costs
1%
$4,818
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,164
Total Expenses
$4,852
Mortgage P&I
60%
$2,503
Property Taxes
4%
$174
Home Insurance
4%
$175
HOA
0%
$0
Property Management
15%
$625
CapEx
4%
$167
Vacancy
0%
$0
Maintenance
4%
$167
Other
25%
$1,041