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This property looks like a bad Airbnb investment with a projected -8.07% first-year return on $115k initial cash invested.

-8.07%

Cash On Cash

4.25%

Cap Rate

0.72

DSCR

$3,441

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,441 income − $4,212 expenses = $771 out of pocket

Income$3,441Out of Pocket$771Mortgage P&I$2,26066%Property Taxes$1394%Insurance$1615%Management$51615%CapEx$1384%Maintenance$1384%Other$86025%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$91,980

Closing costs

1%

$4,599

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,441

Total Expenses

$4,212

Mortgage P&I

66%

$2,260

Property Taxes

4%

$139

Home Insurance

5%

$161

HOA

0%

$0

Property Management

15%

$516

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$860

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