This property looks like a bad Airbnb investment with a projected -26.35% first-year return on $125k initial cash invested.
-26.35%
Cash On Cash
0.68%
Cap Rate
0.1
DSCR
$1,670
Rent
-$2,748
Cashflow
Cash Flow
$1,670 income − $4,418 expenses = $2,748 out of pocket
Investment Breakdown
|
Purchase Price
$539k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$108k
Closing costs
1%
$5,389
Rehab
0%
$0
Furnishing
2%
$12,000
Cashflow
Total Income
$1,670
Total Expenses
$4,418
Mortgage P&I
179%
$2,985
Property Taxes
21%
$352
Home Insurance
11%
$189
HOA
5%
$90
Property Management
15%
$250
CapEx
4%
$67
Vacancy
0%
$0
Maintenance
4%
$67
Other
25%
$418