This property looks like a bad Airbnb investment with a projected -9.45% first-year return on $110k initial cash invested.
-9.45%
Cash On Cash
4.63%
Cap Rate
0.71
DSCR
$4,340
Rent
-$863
Cashflow
Cash Flow
$4,340 income − $5,203 expenses = $863 out of pocket
Investment Breakdown
|
Purchase Price
$436k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$87,180
Closing costs
1%
$4,359
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,340
Total Expenses
$5,203
Mortgage P&I
55%
$2,370
Property Taxes
14%
$595
Home Insurance
4%
$154
HOA
0%
$0
Property Management
15%
$651
CapEx
4%
$174
Vacancy
0%
$0
Maintenance
4%
$174
Other
25%
$1,085