This property looks like a bad Airbnb investment with a projected -13.31% first-year return on $83,919 initial cash invested.
-13.31%
Cash On Cash
3.38%
Cap Rate
0.51
DSCR
$2,267
Rent
-$931
Cashflow
Cash Flow
$2,267 income − $3,198 expenses = $931 out of pocket
Investment Breakdown
|
Purchase Price
$314k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,919
Downpayment
20%
$62,780
Closing costs
1%
$3,139
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,267
Total Expenses
$3,198
Mortgage P&I
76%
$1,724
Property Taxes
11%
$254
Home Insurance
5%
$114
HOA
1%
$17
Property Management
15%
$340
CapEx
4%
$91
Vacancy
0%
$0
Maintenance
4%
$91
Other
25%
$567