This property looks like a bad Airbnb investment with a projected -10.29% first-year return on $102k initial cash invested.
-10.29%
Cash On Cash
4.17%
Cap Rate
0.65
DSCR
$3,392
Rent
-$878
Cashflow
Cash Flow
$3,392 income − $4,270 expenses = $878 out of pocket
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,380
Closing costs
1%
$4,019
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,392
Total Expenses
$4,270
Mortgage P&I
63%
$2,139
Property Taxes
9%
$311
Home Insurance
4%
$147
HOA
1%
$44
Property Management
15%
$509
CapEx
4%
$136
Vacancy
0%
$0
Maintenance
4%
$136
Other
25%
$848