This property looks like a bad Airbnb investment with a projected -15.84% first-year return on $94,041 initial cash invested.
-15.84%
Cash On Cash
2.6%
Cap Rate
0.4
DSCR
$1,860
Rent
-$1,241
Cashflow
Cash Flow
$1,860 income − $3,101 expenses = $1,241 out of pocket
Investment Breakdown
|
Purchase Price
$362k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$94,041
Downpayment
20%
$72,420
Closing costs
1%
$3,621
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,860
Total Expenses
$3,101
Mortgage P&I
105%
$1,951
Property Taxes
7%
$136
Home Insurance
7%
$122
HOA
0%
$0
Property Management
15%
$279
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$465