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This property looks like a bad Airbnb investment with a projected -12.31% first-year return on $290k initial cash invested.
-12.31%
Cash On Cash
3.91%
Cap Rate
0.62
DSCR
$9,060
Rent
-$2,979
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,060 income − $12,039 expenses = $2,979 out of pocket
Investment Breakdown
|
Purchase Price
$1297k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$290k
Downpayment
20%
$259k
Closing costs
1%
$12,967
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,060
Total Expenses
$12,039
Mortgage P&I
76%
$6,840
Property Taxes
4%
$370
Home Insurance
5%
$481
HOA
0%
$0
Property Management
15%
$1,359
CapEx
4%
$362
Vacancy
0%
$0
Maintenance
4%
$362
Other
25%
$2,265