This property looks like a bad Airbnb investment with a projected -11.13% first-year return on $61,008 initial cash invested.
-11.13%
Cash On Cash
3.54%
Cap Rate
0.56
DSCR
$2,163
Rent
-$566
Cashflow
Cash Flow
$2,163 income − $2,729 expenses = $566 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,008
Downpayment
20%
$40,960
Closing costs
1%
$2,048
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,163
Total Expenses
$2,729
Mortgage P&I
50%
$1,083
Property Taxes
25%
$535
Home Insurance
3%
$72
HOA
0%
$0
Property Management
15%
$324
CapEx
4%
$87
Vacancy
0%
$0
Maintenance
4%
$87
Other
25%
$541