Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -10.62% first-year return on $117k initial cash invested.
-10.62%
Cash On Cash
3.51%
Cap Rate
0.6
DSCR
$3,028
Rent
-$1,033
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,028 income − $4,061 expenses = $1,033 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$94,000
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,028
Total Expenses
$4,061
Mortgage P&I
76%
$2,288
Property Taxes
5%
$152
Home Insurance
6%
$168
HOA
0%
$0
Property Management
15%
$454
CapEx
4%
$121
Vacancy
0%
$0
Maintenance
4%
$121
Other
25%
$757