This property looks like a bad Airbnb investment with a projected -18.9% first-year return on $111k initial cash invested.
-18.9%
Cash On Cash
1.49%
Cap Rate
0.25
DSCR
$2,600
Rent
-$1,749
Cashflow
Cash Flow
$2,600 income − $4,349 expenses = $1,749 out of pocket
Investment Breakdown
|
Purchase Price
$443k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$88,600
Closing costs
1%
$4,430
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,600
Total Expenses
$4,349
Mortgage P&I
84%
$2,195
Property Taxes
29%
$762
Home Insurance
6%
$144
HOA
0%
$0
Property Management
15%
$390
CapEx
4%
$104
Vacancy
0%
$0
Maintenance
4%
$104
Other
25%
$650