This property looks like a bad Airbnb investment with a projected -8.73% first-year return on $96,750 initial cash invested.
-8.73%
Cash On Cash
4.84%
Cap Rate
0.73
DSCR
$3,413
Rent
-$704
Cashflow
Cash Flow
$3,413 income − $4,117 expenses = $704 out of pocket
Investment Breakdown
|
Purchase Price
$375k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,750
Downpayment
20%
$75,000
Closing costs
1%
$3,750
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,413
Total Expenses
$4,117
Mortgage P&I
61%
$2,078
Property Taxes
8%
$263
Home Insurance
4%
$131
HOA
0%
$6
Property Management
15%
$512
CapEx
4%
$137
Vacancy
0%
$0
Maintenance
4%
$137
Other
25%
$853