This property looks like a bad Airbnb investment with a projected -25.79% first-year return on $125k initial cash invested.
-25.79%
Cash On Cash
0.52%
Cap Rate
0.08
DSCR
$1,439
Rent
-$2,687
Cashflow
Cash Flow
$1,439 income − $4,126 expenses = $2,687 out of pocket
Investment Breakdown
|
Purchase Price
$510k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,097
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,439
Total Expenses
$4,126
Mortgage P&I
198%
$2,848
Property Taxes
19%
$272
Home Insurance
13%
$184
HOA
9%
$130
Property Management
15%
$216
CapEx
4%
$58
Vacancy
0%
$0
Maintenance
4%
$58
Other
25%
$360