This property looks like a bad Airbnb investment with a projected -6.93% first-year return on $44,355 initial cash invested.
-6.93%
Cash On Cash
4.35%
Cap Rate
0.69
DSCR
$1,209
Rent
-$256
Cashflow
Cash Flow
$1,209 income − $1,465 expenses = $256 out of pocket
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,355
Downpayment
20%
$25,100
Closing costs
1%
$1,255
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,209
Total Expenses
$1,465
Mortgage P&I
55%
$663
Property Taxes
16%
$188
Home Insurance
3%
$35
HOA
0%
$0
Property Management
15%
$181
CapEx
4%
$48
Vacancy
0%
$0
Maintenance
4%
$48
Other
25%
$302