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This property looks like a bad Airbnb investment with a projected -2.22% first-year return on $66,090 initial cash invested.
-2.22%
Cash On Cash
6.1%
Cap Rate
0.98
DSCR
$2,454
Rent
-$122
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,454 income − $2,576 expenses = $122 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,454
Total Expenses
$2,576
Mortgage P&I
48%
$1,189
Property Taxes
5%
$129
Home Insurance
3%
$80
HOA
0%
$0
Property Management
15%
$368
CapEx
4%
$98
Vacancy
0%
$0
Maintenance
4%
$98
Other
25%
$614