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This property looks like a bad Airbnb investment with a projected -2.4% first-year return on $69,030 initial cash invested.
-2.4%
Cash On Cash
6.16%
Cap Rate
0.99
DSCR
$3,109
Rent
-$138
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,109 income − $3,247 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,030
Downpayment
20%
$48,600
Closing costs
1%
$2,430
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,109
Total Expenses
$3,247
Mortgage P&I
41%
$1,262
Property Taxes
13%
$408
Home Insurance
3%
$86
HOA
0%
$0
Property Management
15%
$466
CapEx
4%
$124
Vacancy
0%
$0
Maintenance
4%
$124
Other
25%
$777