This property looks like a bad Airbnb investment with a projected -22.67% first-year return on $197k initial cash invested.
-22.67%
Cash On Cash
1.49%
Cap Rate
0.23
DSCR
$3,233
Rent
-$3,720
Cashflow
Cash Flow
$3,233 income − $6,953 expenses = $3,720 out of pocket
Investment Breakdown
|
Purchase Price
$852k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$170k
Closing costs
1%
$8,520
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,233
Total Expenses
$6,953
Mortgage P&I
144%
$4,650
Property Taxes
14%
$454
Home Insurance
9%
$298
HOA
0%
$0
Property Management
15%
$485
CapEx
4%
$129
Vacancy
0%
$0
Maintenance
4%
$129
Other
25%
$808