This property looks like a bad Airbnb investment with a projected -6.85% first-year return on $109k initial cash invested.
-6.85%
Cash On Cash
4.8%
Cap Rate
0.79
DSCR
$3,916
Rent
-$625
Cashflow
Cash Flow
$3,916 income − $4,541 expenses = $625 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,140
Closing costs
1%
$4,357
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,916
Total Expenses
$4,541
Mortgage P&I
56%
$2,209
Property Taxes
7%
$263
Home Insurance
4%
$157
HOA
1%
$32
Property Management
15%
$587
CapEx
4%
$157
Vacancy
0%
$0
Maintenance
4%
$157
Other
25%
$979