This property looks like a bad Airbnb investment with a projected -29.47% first-year return on $381k initial cash invested.
-29.47%
Cash On Cash
-0.36%
Cap Rate
-0.06
DSCR
$2,581
Rent
-$9,361
Cashflow
Cash Flow
$2,581 income − $11,942 expenses = $9,361 out of pocket
Investment Breakdown
|
Purchase Price
$1729k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$381k
Downpayment
20%
$346k
Closing costs
1%
$17,293
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$2,581
Total Expenses
$11,942
Mortgage P&I
339%
$8,744
Property Taxes
28%
$731
Home Insurance
25%
$644
HOA
23%
$585
Property Management
15%
$387
CapEx
4%
$103
Vacancy
0%
$0
Maintenance
4%
$103
Other
25%
$645