This property looks like a bad Airbnb investment with a projected -26.52% first-year return on $66,615 initial cash invested.
-26.52%
Cash On Cash
-0.94%
Cap Rate
-0.14
DSCR
$0
Rent
-$1,472
Cashflow
Cash Flow
$0 income − $1,472 expenses = $1,472 out of pocket
Investment Breakdown
|
Purchase Price
$232k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,615
Downpayment
20%
$46,300
Closing costs
1%
$2,315
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,472
Mortgage P&I
12900000%
$1,290
Property Taxes
1000000%
$100
Home Insurance
820000%
$82
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0