This property looks like a bad Airbnb investment with a projected -15.21% first-year return on $86,145 initial cash invested.
-15.21%
Cash On Cash
2.95%
Cap Rate
0.45
DSCR
$2,443
Rent
-$1,092
Cashflow
Cash Flow
$2,443 income − $3,535 expenses = $1,092 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,145
Downpayment
20%
$64,900
Closing costs
1%
$3,245
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,443
Total Expenses
$3,535
Mortgage P&I
73%
$1,793
Property Taxes
18%
$447
Home Insurance
5%
$122
HOA
0%
$0
Property Management
15%
$366
CapEx
4%
$98
Vacancy
0%
$0
Maintenance
4%
$98
Other
25%
$611