This property looks like a bad Airbnb investment with a projected -25.06% first-year return on $125k initial cash invested.
-25.06%
Cash On Cash
-0.05%
Cap Rate
-0.01
DSCR
$1,345
Rent
-$2,603
Cashflow
Cash Flow
$1,345 income − $3,948 expenses = $2,603 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,079
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,345
Total Expenses
$3,948
Mortgage P&I
188%
$2,527
Property Taxes
44%
$591
Home Insurance
14%
$184
HOA
0%
$0
Property Management
15%
$202
CapEx
4%
$54
Vacancy
0%
$0
Maintenance
4%
$54
Other
25%
$336