This property looks like a bad Airbnb investment with a projected -29.82% first-year return on $65,229 initial cash invested.
-29.82%
Cash On Cash
-1.94%
Cap Rate
-0.29
DSCR
$0
Rent
-$1,621
Cashflow
Cash Flow
$0 income − $1,621 expenses = $1,621 out of pocket
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,229
Downpayment
20%
$44,980
Closing costs
1%
$2,249
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,621
Mortgage P&I
12580000%
$1,258
Property Taxes
2840000%
$284
Home Insurance
790000%
$79
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0