This property looks like a bad Airbnb investment with a projected -25.3% first-year return on $196k initial cash invested.
-25.3%
Cash On Cash
0.72%
Cap Rate
0.11
DSCR
$3,572
Rent
-$4,142
Cashflow
Cash Flow
$3,572 income − $7,714 expenses = $4,142 out of pocket
Investment Breakdown
|
Purchase Price
$850k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$170k
Closing costs
1%
$8,499
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,572
Total Expenses
$7,714
Mortgage P&I
126%
$4,508
Property Taxes
22%
$802
Home Insurance
9%
$304
HOA
11%
$385
Property Management
15%
$536
CapEx
4%
$143
Vacancy
0%
$0
Maintenance
4%
$143
Other
25%
$893