This property looks like a bad Airbnb investment with a projected -29.78% first-year return on $257k initial cash invested.
-29.78%
Cash On Cash
0.06%
Cap Rate
0.01
DSCR
$1,234
Rent
-$6,384
Cashflow
Cash Flow
$1,234 income − $7,618 expenses = $6,384 out of pocket
Investment Breakdown
|
Purchase Price
$1139k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$257k
Downpayment
20%
$228k
Closing costs
1%
$11,391
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,234
Total Expenses
$7,618
Mortgage P&I
518%
$6,391
Property Taxes
18%
$216
Home Insurance
34%
$420
HOA
0%
$0
Property Management
15%
$185
CapEx
4%
$49
Vacancy
0%
$0
Maintenance
4%
$49
Other
25%
$308