This property looks like a bad Airbnb investment with a projected -20.37% first-year return on $125k initial cash invested.
-20.37%
Cash On Cash
1.62%
Cap Rate
0.25
DSCR
$2,105
Rent
-$2,118
Cashflow
Cash Flow
$2,105 income − $4,223 expenses = $2,118 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,083
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,105
Total Expenses
$4,223
Mortgage P&I
129%
$2,719
Property Taxes
15%
$322
Home Insurance
8%
$172
HOA
0%
$0
Property Management
15%
$316
CapEx
4%
$84
Vacancy
0%
$0
Maintenance
4%
$84
Other
25%
$526