This property looks like a bad Airbnb investment with a projected -5.88% first-year return on $55,464 initial cash invested.
-5.88%
Cash On Cash
5.37%
Cap Rate
0.8
DSCR
$1,944
Rent
-$272
Cashflow
Cash Flow
$1,944 income − $2,216 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,944
Total Expenses
$2,216
Mortgage P&I
51%
$993
Property Taxes
12%
$233
Home Insurance
3%
$56
HOA
0%
$0
Property Management
15%
$292
CapEx
4%
$78
Vacancy
0%
$0
Maintenance
4%
$78
Other
25%
$486