This property looks like a bad Airbnb investment with a projected -27.1% first-year return on $333k initial cash invested.
-27.1%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$1,794
Rent
-$7,516
Cashflow
Cash Flow
$1,794 income − $9,310 expenses = $7,516 out of pocket
Investment Breakdown
|
Purchase Price
$1499k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$333k
Downpayment
20%
$300k
Closing costs
1%
$14,990
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$1,794
Total Expenses
$9,310
Mortgage P&I
437%
$7,843
Property Taxes
5%
$81
Home Insurance
29%
$525
HOA
0%
$0
Property Management
15%
$269
CapEx
4%
$72
Vacancy
0%
$0
Maintenance
4%
$72
Other
25%
$448