This property looks like a bad Airbnb investment with a projected -14.98% first-year return on $89,022 initial cash invested.
-14.98%
Cash On Cash
3.01%
Cap Rate
0.45
DSCR
$2,265
Rent
-$1,111
Cashflow
Cash Flow
$2,265 income − $3,376 expenses = $1,111 out of pocket
Investment Breakdown
|
Purchase Price
$338k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,022
Downpayment
20%
$67,640
Closing costs
1%
$3,382
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,265
Total Expenses
$3,376
Mortgage P&I
82%
$1,867
Property Taxes
13%
$302
Home Insurance
5%
$119
HOA
0%
$0
Property Management
15%
$340
CapEx
4%
$91
Vacancy
0%
$0
Maintenance
4%
$91
Other
25%
$566