This property looks like a bad Airbnb investment with a projected -32.19% first-year return on $132k initial cash invested.
-32.19%
Cash On Cash
-1%
Cap Rate
-0.15
DSCR
$1,091
Rent
-$3,544
Cashflow
Cash Flow
$1,091 income − $4,635 expenses = $3,544 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$132k
Downpayment
20%
$109k
Closing costs
1%
$5,435
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$1,091
Total Expenses
$4,635
Mortgage P&I
279%
$3,046
Property Taxes
80%
$872
Home Insurance
18%
$192
HOA
0%
$0
Property Management
15%
$164
CapEx
4%
$44
Vacancy
0%
$0
Maintenance
4%
$44
Other
25%
$273