This property looks like a bad Airbnb investment with a projected -23.81% first-year return on $175k initial cash invested.
-23.81%
Cash On Cash
0.65%
Cap Rate
0.11
DSCR
$1,393
Rent
-$3,482
Cashflow
Cash Flow
$1,393 income − $4,875 expenses = $3,482 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,393
Total Expenses
$4,875
Mortgage P&I
275%
$3,830
Property Taxes
8%
$114
Home Insurance
19%
$262
HOA
0%
$0
Property Management
15%
$209
CapEx
4%
$56
Vacancy
0%
$0
Maintenance
4%
$56
Other
25%
$348