This property looks like a bad Airbnb investment with a projected -17.15% first-year return on $112k initial cash invested.
-17.15%
Cash On Cash
2.74%
Cap Rate
0.45
DSCR
$2,863
Rent
-$1,601
Cashflow
Cash Flow
$2,863 income − $4,464 expenses = $1,601 out of pocket
Investment Breakdown
|
Purchase Price
$533k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$107k
Closing costs
1%
$5,334
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$2,863
Total Expenses
$4,464
Mortgage P&I
94%
$2,702
Property Taxes
7%
$200
Home Insurance
7%
$187
HOA
0%
$0
Property Management
15%
$429
CapEx
4%
$115
Vacancy
0%
$0
Maintenance
4%
$115
Other
25%
$716
Loading map...
Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
2 Bedroom Condo on Boyne Mtn! | $5,005 | $484 | 2 | 2 | 0.99 mi |
335E Mountain Villa | $4,933 | $477 | 2 | 2 | 1.02 mi |
335E Mountain Villa | $4,685 | $453 | 2 | 2 | 1.05 mi |
Projection Charts
Investment Value YoY