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505 Hoohalahala St, Kihei, HI 96753

3 beds • 2 baths • 1585 sqft

$1,999,000

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This property looks like a bad Airbnb investment with a projected -13.88% first-year return on $438k initial cash invested.

-13.88%

Cash On Cash

3.24%

Cap Rate

0.54

DSCR

$11,290

Rent

-$5,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,290 income − $16,355 expenses = $5,065 out of pocket

Income$11,290Out of Pocket$5,065Mortgage P&I$10,00989%Property Taxes$2262%Insurance$7006%Management$1,69415%CapEx$4524%Maintenance$4524%Other$2,82225%

Investment Breakdown

|

Purchase Price

$1999k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$438k

Downpayment

20%

$400k

Closing costs

1%

$19,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,290

Total Expenses

$16,355

Mortgage P&I

89%

$10,009

Property Taxes

2%

$226

Home Insurance

6%

$700

HOA

0%

$0

Property Management

15%

$1,694

CapEx

4%

$452

Vacancy

0%

$0

Maintenance

4%

$452

Other

25%

$2,822

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