This property looks like a bad Airbnb investment with a projected -23.37% first-year return on $177k initial cash invested.
-23.37%
Cash On Cash
1.34%
Cap Rate
0.2
DSCR
$3,318
Rent
-$3,454
Cashflow
Cash Flow
$3,318 income − $6,772 expenses = $3,454 out of pocket
Investment Breakdown
|
Purchase Price
$759k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$177k
Downpayment
20%
$152k
Closing costs
1%
$7,590
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,318
Total Expenses
$6,772
Mortgage P&I
126%
$4,166
Property Taxes
22%
$746
Home Insurance
8%
$266
HOA
0%
$0
Property Management
15%
$498
CapEx
4%
$133
Vacancy
0%
$0
Maintenance
4%
$133
Other
25%
$830