This property looks like a bad Airbnb investment with a projected -27.57% first-year return on $208k initial cash invested.
-27.57%
Cash On Cash
-0.13%
Cap Rate
-0.02
DSCR
$1,737
Rent
-$4,775
Cashflow
Cash Flow
$1,737 income − $6,512 expenses = $4,775 out of pocket
Investment Breakdown
|
Purchase Price
$904k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$208k
Downpayment
20%
$181k
Closing costs
1%
$9,039
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,737
Total Expenses
$6,512
Mortgage P&I
265%
$4,607
Property Taxes
43%
$740
Home Insurance
19%
$332
HOA
0%
$0
Property Management
15%
$261
CapEx
4%
$69
Vacancy
0%
$0
Maintenance
4%
$69
Other
25%
$434