This property looks like a bad Airbnb investment with a projected -17.72% first-year return on $87,279 initial cash invested.
-17.72%
Cash On Cash
1.59%
Cap Rate
0.26
DSCR
$1,281
Rent
-$1,289
Cashflow
Cash Flow
$1,281 income − $2,570 expenses = $1,289 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,281
Total Expenses
$2,570
Mortgage P&I
131%
$1,674
Property Taxes
13%
$165
Home Insurance
9%
$117
HOA
0%
$0
Property Management
15%
$192
CapEx
4%
$51
Vacancy
0%
$0
Maintenance
4%
$51
Other
25%
$320