This property looks like a bad Airbnb investment with a projected -0.03% first-year return on $40,350 initial cash invested.
-0.03%
Cash On Cash
7.11%
Cap Rate
1.09
DSCR
$1,712
Rent
-$1
Cashflow
Cash Flow
$1,712 income − $1,713 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
9%
$12,000
Cashflow
Total Income
$1,712
Total Expenses
$1,713
Mortgage P&I
43%
$733
Property Taxes
1%
$22
Home Insurance
3%
$47
HOA
5%
$90
Property Management
15%
$257
CapEx
4%
$68
Vacancy
0%
$0
Maintenance
4%
$68
Other
25%
$428