This property looks like a bad Airbnb investment with a projected -14.87% first-year return on $86,250 initial cash invested.
-14.87%
Cash On Cash
2.48%
Cap Rate
0.4
DSCR
$1,794
Rent
-$1,069
Cashflow
Cash Flow
$1,794 income − $2,863 expenses = $1,069 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,794
Total Expenses
$2,863
Mortgage P&I
93%
$1,668
Property Taxes
12%
$220
Home Insurance
6%
$114
HOA
0%
$0
Property Management
15%
$269
CapEx
4%
$72
Vacancy
0%
$0
Maintenance
4%
$72
Other
25%
$448