This property looks like a bad Airbnb investment with a projected -18.26% first-year return on $68,400 initial cash invested.
-18.26%
Cash On Cash
1.82%
Cap Rate
0.27
DSCR
$1,326
Rent
-$1,041
Cashflow
Cash Flow
$1,326 income − $2,367 expenses = $1,041 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,326
Total Expenses
$2,367
Mortgage P&I
102%
$1,352
Property Taxes
22%
$294
Home Insurance
6%
$84
HOA
0%
$0
Property Management
15%
$199
CapEx
4%
$53
Vacancy
0%
$0
Maintenance
4%
$53
Other
25%
$332