This property looks like a bad Airbnb investment with a projected -35.12% first-year return on $206k initial cash invested.
-35.12%
Cash On Cash
-1.52%
Cap Rate
-0.23
DSCR
$0
Rent
-$6,028
Cashflow
Cash Flow
$0 income − $6,028 expenses = $6,028 out of pocket
Investment Breakdown
|
Purchase Price
$895k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$206k
Downpayment
20%
$179k
Closing costs
1%
$8,950
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$6,028
Mortgage P&I
48950000%
$4,895
Property Taxes
8200000%
$820
Home Insurance
3130000%
$313
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0