Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -17.5% first-year return on $142k initial cash invested.
-17.5%
Cash On Cash
1.9%
Cap Rate
0.32
DSCR
$2,421
Rent
-$2,066
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,421 income − $4,487 expenses = $2,066 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$142k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,421
Total Expenses
$4,487
Mortgage P&I
120%
$2,903
Property Taxes
9%
$216
Home Insurance
9%
$206
HOA
0%
$0
Property Management
15%
$363
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$605