This property looks like a bad Airbnb investment with a projected -7.78% first-year return on $86,418 initial cash invested.
-7.78%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$2,787
Rent
-$560
Cashflow
Cash Flow
$2,787 income − $3,347 expenses = $560 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,418
Downpayment
20%
$65,160
Closing costs
1%
$3,258
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,787
Total Expenses
$3,347
Mortgage P&I
64%
$1,789
Property Taxes
4%
$102
Home Insurance
4%
$119
HOA
0%
$0
Property Management
15%
$418
CapEx
4%
$111
Vacancy
0%
$0
Maintenance
4%
$111
Other
25%
$697