This property looks like a bad Airbnb investment with a projected -31.84% first-year return on $235k initial cash invested.
-31.84%
Cash On Cash
-0.44%
Cap Rate
-0.07
DSCR
$2,598
Rent
-$6,235
Cashflow
Cash Flow
$2,598 income − $8,833 expenses = $6,235 out of pocket
Investment Breakdown
|
Purchase Price
$1033k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$235k
Downpayment
20%
$207k
Closing costs
1%
$10,331
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,598
Total Expenses
$8,833
Mortgage P&I
221%
$5,750
Property Taxes
40%
$1,048
Home Insurance
14%
$376
HOA
16%
$411
Property Management
15%
$390
CapEx
4%
$104
Vacancy
0%
$0
Maintenance
4%
$104
Other
25%
$650