This property looks like a bad Airbnb investment with a projected -6.79% first-year return on $57,942 initial cash invested.
-6.79%
Cash On Cash
4.83%
Cap Rate
0.75
DSCR
$1,793
Rent
-$328
Cashflow
Cash Flow
$1,793 income − $2,121 expenses = $328 out of pocket
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,942
Downpayment
20%
$38,040
Closing costs
1%
$1,902
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,793
Total Expenses
$2,121
Mortgage P&I
57%
$1,022
Property Taxes
10%
$172
Home Insurance
4%
$66
HOA
0%
$0
Property Management
15%
$269
CapEx
4%
$72
Vacancy
0%
$0
Maintenance
4%
$72
Other
25%
$448