This property looks like a bad Airbnb investment with a projected -2.16% first-year return on $86,250 initial cash invested.
-2.16%
Cash On Cash
6.3%
Cap Rate
0.99
DSCR
$3,307
Rent
-$155
Cashflow
Cash Flow
$3,307 income − $3,462 expenses = $155 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,307
Total Expenses
$3,462
Mortgage P&I
52%
$1,730
Property Taxes
1%
$31
Home Insurance
3%
$114
HOA
0%
$0
Property Management
15%
$496
CapEx
4%
$132
Vacancy
0%
$0
Maintenance
4%
$132
Other
25%
$827