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This property looks like a bad Airbnb investment with a projected -5.3% first-year return on $68,400 initial cash invested.
-5.3%
Cash On Cash
5.17%
Cap Rate
0.84
DSCR
$2,699
Rent
-$302
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,699 income − $3,001 expenses = $302 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,699
Total Expenses
$3,001
Mortgage P&I
46%
$1,228
Property Taxes
15%
$393
Home Insurance
3%
$84
HOA
0%
$0
Property Management
15%
$405
CapEx
4%
$108
Vacancy
0%
$0
Maintenance
4%
$108
Other
25%
$675