This property looks like a bad Airbnb investment with a projected -13.92% first-year return on $97,170 initial cash invested.
-13.92%
Cash On Cash
2.83%
Cap Rate
0.46
DSCR
$1,990
Rent
-$1,127
Cashflow
Cash Flow
$1,990 income − $3,117 expenses = $1,127 out of pocket
Investment Breakdown
|
Purchase Price
$377k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,170
Downpayment
20%
$75,400
Closing costs
1%
$3,770
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,990
Total Expenses
$3,117
Mortgage P&I
97%
$1,937
Property Taxes
5%
$91
Home Insurance
7%
$133
HOA
0%
$0
Property Management
15%
$298
CapEx
4%
$80
Vacancy
0%
$0
Maintenance
4%
$80
Other
25%
$498