This property looks like a bad Airbnb investment with a projected -19.06% first-year return on $286k initial cash invested.
-19.06%
Cash On Cash
2.01%
Cap Rate
0.33
DSCR
$5,159
Rent
-$4,544
Cashflow
Cash Flow
$5,159 income − $9,703 expenses = $4,544 out of pocket
Investment Breakdown
|
Purchase Price
$1276k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$255k
Closing costs
1%
$12,764
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,159
Total Expenses
$9,703
Mortgage P&I
125%
$6,472
Property Taxes
6%
$286
Home Insurance
9%
$469
HOA
0%
$0
Property Management
15%
$774
CapEx
4%
$206
Vacancy
0%
$0
Maintenance
4%
$206
Other
25%
$1,290