This property looks like a bad Airbnb investment with a projected -14.25% first-year return on $98,703 initial cash invested.
-14.25%
Cash On Cash
3.43%
Cap Rate
0.52
DSCR
$3,453
Rent
-$1,172
Cashflow
Cash Flow
$3,453 income − $4,625 expenses = $1,172 out of pocket
Investment Breakdown
|
Purchase Price
$384k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,703
Downpayment
20%
$76,860
Closing costs
1%
$3,843
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,453
Total Expenses
$4,625
Mortgage P&I
62%
$2,132
Property Taxes
19%
$671
Home Insurance
4%
$136
HOA
1%
$29
Property Management
15%
$518
CapEx
4%
$138
Vacancy
0%
$0
Maintenance
4%
$138
Other
25%
$863