This property looks like a bad Airbnb investment with a projected -26.27% first-year return on $107k initial cash invested.
-26.27%
Cash On Cash
0.26%
Cap Rate
0.04
DSCR
$1,774
Rent
-$2,348
Cashflow
Cash Flow
$1,774 income − $4,122 expenses = $2,348 out of pocket
Investment Breakdown
|
Purchase Price
$425k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$85,000
Closing costs
1%
$4,250
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,774
Total Expenses
$4,122
Mortgage P&I
134%
$2,369
Property Taxes
42%
$752
Home Insurance
8%
$149
HOA
0%
$0
Property Management
15%
$266
CapEx
4%
$71
Vacancy
0%
$0
Maintenance
4%
$71
Other
25%
$444