This property looks like a bad Airbnb investment with a projected -19.73% first-year return on $128k initial cash invested.
-19.73%
Cash On Cash
1.47%
Cap Rate
0.24
DSCR
$2,027
Rent
-$2,108
Cashflow
Cash Flow
$2,027 income − $4,135 expenses = $2,108 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,249
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,027
Total Expenses
$4,135
Mortgage P&I
132%
$2,669
Property Taxes
15%
$309
Home Insurance
9%
$184
HOA
0%
$0
Property Management
15%
$304
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$507