This property looks like a bad Airbnb investment with a projected -9.44% first-year return on $133k initial cash invested.
-9.44%
Cash On Cash
4.84%
Cap Rate
0.73
DSCR
$5,432
Rent
-$1,044
Cashflow
Cash Flow
$5,432 income − $6,476 expenses = $1,044 out of pocket
Investment Breakdown
|
Purchase Price
$546k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$109k
Closing costs
1%
$5,460
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$5,432
Total Expenses
$6,476
Mortgage P&I
56%
$3,031
Property Taxes
12%
$646
Home Insurance
4%
$192
HOA
0%
$0
Property Management
15%
$815
CapEx
4%
$217
Vacancy
0%
$0
Maintenance
4%
$217
Other
25%
$1,358