This property looks like a bad Airbnb investment with a projected -26.94% first-year return on $191k initial cash invested.
-26.94%
Cash On Cash
0.6%
Cap Rate
0.09
DSCR
$3,516
Rent
-$4,295
Cashflow
Cash Flow
$3,516 income − $7,811 expenses = $4,295 out of pocket
Investment Breakdown
|
Purchase Price
$825k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,253
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,516
Total Expenses
$7,811
Mortgage P&I
130%
$4,565
Property Taxes
37%
$1,288
Home Insurance
8%
$270
HOA
0%
$0
Property Management
15%
$527
CapEx
4%
$141
Vacancy
0%
$0
Maintenance
4%
$141
Other
25%
$879