This property looks like a bad Airbnb investment with a projected -16.86% first-year return on $186k initial cash invested.
-16.86%
Cash On Cash
2.47%
Cap Rate
0.41
DSCR
$5,171
Rent
-$2,615
Cashflow
Cash Flow
$5,171 income − $7,786 expenses = $2,615 out of pocket
Investment Breakdown
|
Purchase Price
$800k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$160k
Closing costs
1%
$8,004
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,171
Total Expenses
$7,786
Mortgage P&I
78%
$4,053
Property Taxes
18%
$952
Home Insurance
6%
$298
HOA
0%
$0
Property Management
15%
$776
CapEx
4%
$207
Vacancy
0%
$0
Maintenance
4%
$207
Other
25%
$1,293