This property looks like a bad Airbnb investment with a projected -26.06% first-year return on $107k initial cash invested.
-26.06%
Cash On Cash
-0.02%
Cap Rate
0
DSCR
$1,050
Rent
-$2,328
Cashflow
Cash Flow
$1,050 income − $3,378 expenses = $2,328 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,960
Closing costs
1%
$4,248
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,050
Total Expenses
$3,378
Mortgage P&I
217%
$2,279
Property Taxes
40%
$417
Home Insurance
15%
$161
HOA
2%
$17
Property Management
15%
$158
CapEx
4%
$42
Vacancy
0%
$0
Maintenance
4%
$42
Other
25%
$262