This property looks like a bad Airbnb investment with a projected -6.26% first-year return on $99,312 initial cash invested.
-6.26%
Cash On Cash
5.18%
Cap Rate
0.82
DSCR
$3,589
Rent
-$518
Cashflow
Cash Flow
$3,589 income − $4,107 expenses = $518 out of pocket
Investment Breakdown
|
Purchase Price
$387k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,312
Downpayment
20%
$77,440
Closing costs
1%
$3,872
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,589
Total Expenses
$4,107
Mortgage P&I
57%
$2,044
Property Taxes
4%
$157
Home Insurance
4%
$136
HOA
1%
$47
Property Management
15%
$538
CapEx
4%
$144
Vacancy
0%
$0
Maintenance
4%
$144
Other
25%
$897