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This property looks like a bad Airbnb investment with a projected -19.42% first-year return on $291k initial cash invested.
-19.42%
Cash On Cash
1.88%
Cap Rate
0.31
DSCR
$6,429
Rent
-$4,709
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,429 income − $11,138 expenses = $4,709 out of pocket
Investment Breakdown
|
Purchase Price
$1300k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$291k
Downpayment
20%
$260k
Closing costs
1%
$13,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,429
Total Expenses
$11,138
Mortgage P&I
101%
$6,488
Property Taxes
17%
$1,110
Home Insurance
7%
$455
HOA
0%
$0
Property Management
15%
$964
CapEx
4%
$257
Vacancy
0%
$0
Maintenance
4%
$257
Other
25%
$1,607