This property looks like a bad Airbnb investment with a projected -24.73% first-year return on $266k initial cash invested.
-24.73%
Cash On Cash
0.66%
Cap Rate
0.11
DSCR
$3,597
Rent
-$5,473
Cashflow
Cash Flow
$3,597 income − $9,070 expenses = $5,473 out of pocket
Investment Breakdown
|
Purchase Price
$1179k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$266k
Downpayment
20%
$236k
Closing costs
1%
$11,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,597
Total Expenses
$9,070
Mortgage P&I
166%
$5,976
Property Taxes
27%
$954
Home Insurance
11%
$413
HOA
0%
$0
Property Management
15%
$540
CapEx
4%
$144
Vacancy
0%
$0
Maintenance
4%
$144
Other
25%
$899