This property looks like a bad Airbnb investment with a projected -27.78% first-year return on $181k initial cash invested.
-27.78%
Cash On Cash
0%
Cap Rate
0
DSCR
$2,183
Rent
-$4,200
Cashflow
Cash Flow
$2,183 income − $6,383 expenses = $4,200 out of pocket
Investment Breakdown
|
Purchase Price
$778k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$181k
Downpayment
20%
$156k
Closing costs
1%
$7,781
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,183
Total Expenses
$6,383
Mortgage P&I
189%
$4,115
Property Taxes
39%
$852
Home Insurance
16%
$350
HOA
1%
$19
Property Management
15%
$327
CapEx
4%
$87
Vacancy
0%
$0
Maintenance
4%
$87
Other
25%
$546