This property looks like a bad Airbnb investment with a projected -20.09% first-year return on $112k initial cash invested.
-20.09%
Cash On Cash
1.82%
Cap Rate
0.27
DSCR
$2,147
Rent
-$1,867
Cashflow
Cash Flow
$2,147 income − $4,014 expenses = $1,867 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,060
Closing costs
1%
$4,453
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,147
Total Expenses
$4,014
Mortgage P&I
114%
$2,456
Property Taxes
17%
$368
Home Insurance
7%
$159
HOA
0%
$0
Property Management
15%
$322
CapEx
4%
$86
Vacancy
0%
$0
Maintenance
4%
$86
Other
25%
$537