This property looks like a bad Airbnb investment with a projected -26.17% first-year return on $175k initial cash invested.
-26.17%
Cash On Cash
0.6%
Cap Rate
0.09
DSCR
$2,328
Rent
-$3,826
Cashflow
Cash Flow
$2,328 income − $6,154 expenses = $3,826 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,496
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,328
Total Expenses
$6,154
Mortgage P&I
176%
$4,108
Property Taxes
27%
$634
Home Insurance
11%
$266
HOA
1%
$29
Property Management
15%
$349
CapEx
4%
$93
Vacancy
0%
$0
Maintenance
4%
$93
Other
25%
$582