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This property looks like a bad Airbnb investment with a projected -14.83% first-year return on $78,648 initial cash invested.
-14.83%
Cash On Cash
2.39%
Cap Rate
0.39
DSCR
$2,000
Rent
-$972
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,000 income − $2,972 expenses = $972 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,648
Downpayment
20%
$57,760
Closing costs
1%
$2,888
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,000
Total Expenses
$2,972
Mortgage P&I
73%
$1,467
Property Taxes
22%
$444
Home Insurance
5%
$101
HOA
0%
$0
Property Management
15%
$300
CapEx
4%
$80
Vacancy
0%
$0
Maintenance
4%
$80
Other
25%
$500