This property looks like a bad Airbnb investment with a projected -0.1% first-year return on $58,950 initial cash invested.
-0.1%
Cash On Cash
7.45%
Cap Rate
1.1
DSCR
$2,790
Rent
-$5
Cashflow
Cash Flow
$2,790 income − $2,795 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,790
Total Expenses
$2,795
Mortgage P&I
40%
$1,104
Property Taxes
10%
$283
Home Insurance
2%
$68
HOA
0%
$0
Property Management
15%
$418
CapEx
4%
$112
Vacancy
0%
$0
Maintenance
4%
$112
Other
25%
$698