This property looks like a bad Airbnb investment with a projected -28.78% first-year return on $201k initial cash invested.
-28.78%
Cash On Cash
0.17%
Cap Rate
0.03
DSCR
$2,813
Rent
-$4,827
Cashflow
Cash Flow
$2,813 income − $7,640 expenses = $4,827 out of pocket
Investment Breakdown
|
Purchase Price
$873k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$201k
Downpayment
20%
$175k
Closing costs
1%
$8,727
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,813
Total Expenses
$7,640
Mortgage P&I
172%
$4,836
Property Taxes
31%
$873
Home Insurance
11%
$313
HOA
9%
$267
Property Management
15%
$422
CapEx
4%
$113
Vacancy
0%
$0
Maintenance
4%
$113
Other
25%
$703