This property looks like a bad Airbnb investment with a projected -8.63% first-year return on $86,250 initial cash invested.
-8.63%
Cash On Cash
4.28%
Cap Rate
0.69
DSCR
$2,712
Rent
-$620
Cashflow
Cash Flow
$2,712 income − $3,332 expenses = $620 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,712
Total Expenses
$3,332
Mortgage P&I
62%
$1,670
Property Taxes
5%
$147
Home Insurance
4%
$114
HOA
4%
$100
Property Management
15%
$407
CapEx
4%
$108
Vacancy
0%
$0
Maintenance
4%
$108
Other
25%
$678