Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -20.94% first-year return on $627k initial cash invested.
-20.94%
Cash On Cash
1.71%
Cap Rate
0.28
DSCR
$9,943
Rent
-$10,937
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,943 income − $20,880 expenses = $10,937 out of pocket
Investment Breakdown
|
Purchase Price
$2899k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$627k
Downpayment
20%
$580k
Closing costs
1%
$28,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$9,943
Total Expenses
$20,880
Mortgage P&I
148%
$14,671
Property Taxes
4%
$421
Home Insurance
10%
$1,015
HOA
0%
$0
Property Management
15%
$1,491
CapEx
4%
$398
Vacancy
0%
$0
Maintenance
4%
$398
Other
25%
$2,486