This property looks like a bad Airbnb investment with a projected -10.54% first-year return on $86,271 initial cash invested.
-10.54%
Cash On Cash
4.09%
Cap Rate
0.63
DSCR
$2,435
Rent
-$758
Cashflow
Cash Flow
$2,435 income − $3,193 expenses = $758 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,271
Downpayment
20%
$65,020
Closing costs
1%
$3,251
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,435
Total Expenses
$3,193
Mortgage P&I
73%
$1,770
Property Taxes
6%
$139
Home Insurance
5%
$116
HOA
0%
$0
Property Management
15%
$365
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$609