This property looks like a bad Airbnb investment with a projected -11.02% first-year return on $86,250 initial cash invested.
-11.02%
Cash On Cash
3.56%
Cap Rate
0.58
DSCR
$2,527
Rent
-$792
Cashflow
Cash Flow
$2,527 income − $3,319 expenses = $792 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
$2,527
Total Expenses
$3,319
Mortgage P&I
65%
$1,655
Property Taxes
13%
$334
Home Insurance
5%
$117
HOA
0%
$0
Property Management
15%
$379
CapEx
4%
$101
Vacancy
0%
$0
Maintenance
4%
$101
Other
25%
$632