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This property looks like a bad Airbnb investment with a projected -11.09% first-year return on $89,400 initial cash invested.
-11.09%
Cash On Cash
3.22%
Cap Rate
0.55
DSCR
$2,079
Rent
-$826
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,079 income − $2,905 expenses = $826 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,079
Total Expenses
$2,905
Mortgage P&I
80%
$1,656
Property Taxes
6%
$129
Home Insurance
6%
$122
HOA
0%
$0
Property Management
15%
$312
CapEx
4%
$83
Vacancy
0%
$0
Maintenance
4%
$83
Other
25%
$520