This property looks like a bad Airbnb investment with a projected -26.43% first-year return on $256k initial cash invested.
-26.43%
Cash On Cash
0.85%
Cap Rate
0.13
DSCR
$4,145
Rent
-$5,647
Cashflow
Cash Flow
$4,145 income − $9,792 expenses = $5,647 out of pocket
Investment Breakdown
|
Purchase Price
$1135k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$256k
Downpayment
20%
$227k
Closing costs
1%
$11,350
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,145
Total Expenses
$9,792
Mortgage P&I
152%
$6,289
Property Taxes
27%
$1,116
Home Insurance
10%
$397
HOA
0%
$0
Property Management
15%
$622
CapEx
4%
$166
Vacancy
0%
$0
Maintenance
4%
$166
Other
25%
$1,036