This property looks like a bad Airbnb investment with a projected -13.44% first-year return on $86,250 initial cash invested.
-13.44%
Cash On Cash
2.92%
Cap Rate
0.48
DSCR
$2,778
Rent
-$966
Cashflow
Cash Flow
$2,778 income − $3,744 expenses = $966 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,778
Total Expenses
$3,744
Mortgage P&I
59%
$1,646
Property Taxes
23%
$651
Home Insurance
4%
$114
HOA
0%
$0
Property Management
15%
$417
CapEx
4%
$111
Vacancy
0%
$0
Maintenance
4%
$111
Other
25%
$694