This property looks like a bad Airbnb investment with a projected -7.66% first-year return on $75,498 initial cash invested.
-7.66%
Cash On Cash
4.41%
Cap Rate
0.72
DSCR
$2,098
Rent
-$482
Cashflow
Cash Flow
$2,098 income − $2,580 expenses = $482 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,498
Downpayment
20%
$54,760
Closing costs
1%
$2,738
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,098
Total Expenses
$2,580
Mortgage P&I
67%
$1,404
Property Taxes
4%
$78
Home Insurance
4%
$91
HOA
0%
$0
Property Management
15%
$315
CapEx
4%
$84
Vacancy
0%
$0
Maintenance
4%
$84
Other
25%
$524