This property looks like a bad Airbnb investment with a projected -21.66% first-year return on $111k initial cash invested.
-21.66%
Cash On Cash
1.56%
Cap Rate
0.23
DSCR
$1,839
Rent
-$2,010
Cashflow
Cash Flow
$1,839 income − $3,849 expenses = $2,010 out of pocket
Investment Breakdown
|
Purchase Price
$445k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,900
Closing costs
1%
$4,445
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,839
Total Expenses
$3,849
Mortgage P&I
137%
$2,514
Property Taxes
15%
$268
Home Insurance
9%
$158
HOA
1%
$25
Property Management
15%
$276
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$460