This property looks like a bad Airbnb investment with a projected -25.57% first-year return on $161k initial cash invested.
-25.57%
Cash On Cash
0.18%
Cap Rate
0.03
DSCR
$1,163
Rent
-$3,427
Cashflow
Cash Flow
$1,163 income − $4,590 expenses = $3,427 out of pocket
Investment Breakdown
|
Purchase Price
$680k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,800
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$1,163
Total Expenses
$4,590
Mortgage P&I
299%
$3,483
Property Taxes
27%
$310
Home Insurance
20%
$238
HOA
0%
$0
Property Management
15%
$174
CapEx
4%
$47
Vacancy
0%
$0
Maintenance
4%
$47
Other
25%
$291