This property looks like a bad Airbnb investment with a projected -26.11% first-year return on $176k initial cash invested.
-26.11%
Cash On Cash
0.54%
Cap Rate
0.08
DSCR
$2,036
Rent
-$3,829
Cashflow
Cash Flow
$2,036 income − $5,865 expenses = $3,829 out of pocket
Investment Breakdown
|
Purchase Price
$752k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$176k
Downpayment
20%
$150k
Closing costs
1%
$7,523
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,036
Total Expenses
$5,865
Mortgage P&I
201%
$4,087
Property Taxes
28%
$574
Home Insurance
11%
$228
HOA
0%
$0
Property Management
15%
$305
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$509