This property looks like a bad Airbnb investment with a projected -25.29% first-year return on $135k initial cash invested.
-25.29%
Cash On Cash
0.61%
Cap Rate
0.09
DSCR
$2,273
Rent
-$2,836
Cashflow
Cash Flow
$2,273 income − $5,109 expenses = $2,836 out of pocket
Investment Breakdown
|
Purchase Price
$555k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$135k
Downpayment
20%
$111k
Closing costs
1%
$5,551
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,273
Total Expenses
$5,109
Mortgage P&I
133%
$3,025
Property Taxes
11%
$260
Home Insurance
9%
$205
HOA
23%
$528
Property Management
15%
$341
CapEx
4%
$91
Vacancy
0%
$0
Maintenance
4%
$91
Other
25%
$568