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3660 Forest Glen Dr, Homer, AK 99603

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Airbnb investment with a projected -9.47% first-year return on $110k initial cash invested.

-9.47%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$3,423

Rent

-$871

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,423 income − $4,294 expenses = $871 out of pocket

Income$3,423Out of Pocket$871Mortgage P&I$2,19564%Property Taxes$3009%Insurance$1565%Management$51315%CapEx$1374%Maintenance$1374%Other$85625%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,940

Closing costs

1%

$4,397

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,423

Total Expenses

$4,294

Mortgage P&I

64%

$2,195

Property Taxes

9%

$300

Home Insurance

5%

$156

HOA

0%

$0

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

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