This property looks like a bad Airbnb investment with a projected -17.22% first-year return on $170k initial cash invested.
-17.22%
Cash On Cash
2.88%
Cap Rate
0.43
DSCR
$3,933
Rent
-$2,440
Cashflow
Cash Flow
$3,933 income − $6,373 expenses = $2,440 out of pocket
Investment Breakdown
|
Purchase Price
$724k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$170k
Downpayment
20%
$145k
Closing costs
1%
$7,238
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,933
Total Expenses
$6,373
Mortgage P&I
102%
$4,021
Property Taxes
5%
$203
Home Insurance
7%
$262
HOA
0%
$0
Property Management
15%
$590
CapEx
4%
$157
Vacancy
0%
$0
Maintenance
4%
$157
Other
25%
$983