This property looks like a bad Airbnb investment with a projected -18.68% first-year return on $86,229 initial cash invested.
-18.68%
Cash On Cash
2.02%
Cap Rate
0.3
DSCR
$2,163
Rent
-$1,342
Cashflow
Cash Flow
$2,163 income − $3,505 expenses = $1,342 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,229
Downpayment
20%
$64,980
Closing costs
1%
$3,249
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$3,505
Mortgage P&I
83%
$1,803
Property Taxes
25%
$549
Home Insurance
5%
$114
HOA
0%
$0
Property Management
15%
$324
CapEx
4%
$87
Vacancy
0%
$0
Maintenance
4%
$87
Other
25%
$541