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This property looks like a bad Airbnb investment with a projected -2.26% first-year return on $102k initial cash invested.

-2.26%

Cash On Cash

5.98%

Cap Rate

0.99

DSCR

$4,071

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,071 income − $4,263 expenses = $192 out of pocket

Income$4,071Out of Pocket$192Mortgage P&I$2,01750%Property Taxes$1514%Insurance$1403%Management$61115%CapEx$1634%Maintenance$1634%Other$1,01825%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,071

Total Expenses

$4,263

Mortgage P&I

50%

$2,017

Property Taxes

4%

$151

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$611

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,018

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