This property looks like a bad Airbnb investment with a projected -20.06% first-year return on $86,460 initial cash invested.
-20.06%
Cash On Cash
1.58%
Cap Rate
0.24
DSCR
$1,637
Rent
-$1,445
Cashflow
Cash Flow
$1,637 income − $3,082 expenses = $1,445 out of pocket
Investment Breakdown
|
Purchase Price
$326k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,460
Downpayment
20%
$65,200
Closing costs
1%
$3,260
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,637
Total Expenses
$3,082
Mortgage P&I
110%
$1,808
Property Taxes
23%
$373
Home Insurance
7%
$116
HOA
0%
$0
Property Management
15%
$246
CapEx
4%
$65
Vacancy
0%
$0
Maintenance
4%
$65
Other
25%
$409