This property looks like a bad Airbnb investment with a projected -15.6% first-year return on $83,079 initial cash invested.
-15.6%
Cash On Cash
2.65%
Cap Rate
0.4
DSCR
$1,668
Rent
-$1,080
Cashflow
Cash Flow
$1,668 income − $2,748 expenses = $1,080 out of pocket
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,079
Downpayment
20%
$61,980
Closing costs
1%
$3,099
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,668
Total Expenses
$2,748
Mortgage P&I
102%
$1,698
Property Taxes
8%
$139
Home Insurance
7%
$110
HOA
0%
$0
Property Management
15%
$250
CapEx
4%
$67
Vacancy
0%
$0
Maintenance
4%
$67
Other
25%
$417