This property looks like a bad Airbnb investment with a projected -25.99% first-year return on $181k initial cash invested.
-25.99%
Cash On Cash
0.16%
Cap Rate
0.03
DSCR
$1,414
Rent
-$3,915
Cashflow
Cash Flow
$1,414 income − $5,329 expenses = $3,915 out of pocket
Investment Breakdown
|
Purchase Price
$775k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$155k
Closing costs
1%
$7,750
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,414
Total Expenses
$5,329
Mortgage P&I
280%
$3,964
Property Taxes
29%
$414
Home Insurance
19%
$271
HOA
0%
$0
Property Management
15%
$212
CapEx
4%
$57
Vacancy
0%
$0
Maintenance
4%
$57
Other
25%
$354