This property looks like a bad Airbnb investment with a projected -21.2% first-year return on $202k initial cash invested.
-21.2%
Cash On Cash
1.8%
Cap Rate
0.28
DSCR
$4,637
Rent
-$3,565
Cashflow
Cash Flow
$4,637 income − $8,202 expenses = $3,565 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,754
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,637
Total Expenses
$8,202
Mortgage P&I
101%
$4,696
Property Taxes
18%
$833
Home Insurance
10%
$448
HOA
0%
$0
Property Management
15%
$696
CapEx
4%
$185
Vacancy
0%
$0
Maintenance
4%
$185
Other
25%
$1,159