This property looks like a bad Airbnb investment with a projected -18.05% first-year return on $86,250 initial cash invested.
-18.05%
Cash On Cash
1.61%
Cap Rate
0.26
DSCR
$1,873
Rent
-$1,297
Cashflow
Cash Flow
$1,873 income − $3,170 expenses = $1,297 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,873
Total Expenses
$3,170
Mortgage P&I
89%
$1,658
Property Taxes
27%
$499
Home Insurance
6%
$114
HOA
0%
$0
Property Management
15%
$281
CapEx
4%
$75
Vacancy
0%
$0
Maintenance
4%
$75
Other
25%
$468