This property looks like a bad Airbnb investment with a projected -24.13% first-year return on $74,091 initial cash invested.
-24.13%
Cash On Cash
0.1%
Cap Rate
0.02
DSCR
$818
Rent
-$1,490
Cashflow
Cash Flow
$818 income − $2,308 expenses = $1,490 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,091
Downpayment
20%
$53,420
Closing costs
1%
$2,671
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$818
Total Expenses
$2,308
Mortgage P&I
181%
$1,480
Property Taxes
42%
$341
Home Insurance
11%
$94
HOA
0%
$0
Property Management
15%
$123
CapEx
4%
$33
Vacancy
0%
$0
Maintenance
4%
$33
Other
25%
$204