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This property looks like a bad Airbnb investment with a projected -2.91% first-year return on $69,282 initial cash invested.
-2.91%
Cash On Cash
6.1%
Cap Rate
0.95
DSCR
$2,487
Rent
-$168
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,487 income − $2,655 expenses = $168 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,282
Downpayment
20%
$48,840
Closing costs
1%
$2,442
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,487
Total Expenses
$2,655
Mortgage P&I
53%
$1,310
Property Taxes
3%
$64
Home Insurance
4%
$88
HOA
0%
$0
Property Management
15%
$373
CapEx
4%
$99
Vacancy
0%
$0
Maintenance
4%
$99
Other
25%
$622