This property looks like a bad Airbnb investment with a projected -16.92% first-year return on $90,996 initial cash invested.
-16.92%
Cash On Cash
2.29%
Cap Rate
0.36
DSCR
$2,025
Rent
-$1,283
Cashflow
Cash Flow
$2,025 income − $3,308 expenses = $1,283 out of pocket
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,996
Downpayment
20%
$69,520
Closing costs
1%
$3,476
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,025
Total Expenses
$3,308
Mortgage P&I
92%
$1,866
Property Taxes
15%
$309
Home Insurance
6%
$129
HOA
2%
$32
Property Management
15%
$304
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$506