This property looks like a bad Airbnb investment with a projected -12.46% first-year return on $96,288 initial cash invested.
-12.46%
Cash On Cash
3.24%
Cap Rate
0.53
DSCR
$2,937
Rent
-$1,000
Cashflow
Cash Flow
$2,937 income − $3,937 expenses = $1,000 out of pocket
Investment Breakdown
|
Purchase Price
$373k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,288
Downpayment
20%
$74,560
Closing costs
1%
$3,728
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,937
Total Expenses
$3,937
Mortgage P&I
64%
$1,890
Property Taxes
16%
$473
Home Insurance
5%
$142
HOA
1%
$23
Property Management
15%
$441
CapEx
4%
$117
Vacancy
0%
$0
Maintenance
4%
$117
Other
25%
$734