This property looks like a bad Airbnb investment with a projected -29.73% first-year return on $83,583 initial cash invested.
-29.73%
Cash On Cash
-1.58%
Cap Rate
-0.25
DSCR
$391
Rent
-$2,071
Cashflow
Cash Flow
$391 income − $2,462 expenses = $2,071 out of pocket
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,583
Downpayment
20%
$62,460
Closing costs
1%
$3,123
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$391
Total Expenses
$2,462
Mortgage P&I
421%
$1,645
Property Taxes
132%
$516
Home Insurance
29%
$112
HOA
0%
$0
Property Management
15%
$59
CapEx
4%
$16
Vacancy
0%
$0
Maintenance
4%
$16
Other
25%
$98