This property looks like a bad Airbnb investment with a projected -8.61% first-year return on $133k initial cash invested.
-8.61%
Cash On Cash
4.83%
Cap Rate
0.75
DSCR
$5,460
Rent
-$951
Cashflow
Cash Flow
$5,460 income − $6,411 expenses = $951 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,457
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,460
Total Expenses
$6,411
Mortgage P&I
54%
$2,931
Property Taxes
12%
$668
Home Insurance
4%
$192
HOA
0%
$0
Property Management
15%
$819
CapEx
4%
$218
Vacancy
0%
$0
Maintenance
4%
$218
Other
25%
$1,365