This property looks like a bad Airbnb investment with a projected -14.09% first-year return on $74,154 initial cash invested.
-14.09%
Cash On Cash
2.57%
Cap Rate
0.42
DSCR
$1,774
Rent
-$871
Cashflow
Cash Flow
$1,774 income − $2,645 expenses = $871 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,154
Downpayment
20%
$53,480
Closing costs
1%
$2,674
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,774
Total Expenses
$2,645
Mortgage P&I
77%
$1,373
Property Taxes
12%
$205
Home Insurance
5%
$94
HOA
7%
$121
Property Management
15%
$266
CapEx
4%
$71
Vacancy
0%
$0
Maintenance
4%
$71
Other
25%
$444