This property looks like a bad Airbnb investment with a projected -8.43% first-year return on $113k initial cash invested.
-8.43%
Cash On Cash
4.86%
Cap Rate
0.75
DSCR
$4,345
Rent
-$796
Cashflow
Cash Flow
$4,345 income − $5,141 expenses = $796 out of pocket
Investment Breakdown
|
Purchase Price
$454k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$90,740
Closing costs
1%
$4,537
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,345
Total Expenses
$5,141
Mortgage P&I
57%
$2,461
Property Taxes
10%
$433
Home Insurance
4%
$161
HOA
0%
$0
Property Management
15%
$652
CapEx
4%
$174
Vacancy
0%
$0
Maintenance
4%
$174
Other
25%
$1,086