Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -11.93% first-year return on $106k initial cash invested.
-11.93%
Cash On Cash
3.38%
Cap Rate
0.56
DSCR
$2,873
Rent
-$1,056
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,873 income − $3,929 expenses = $1,056 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$106k
Downpayment
20%
$84,000
Closing costs
1%
$4,200
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,873
Total Expenses
$3,929
Mortgage P&I
74%
$2,124
Property Taxes
6%
$184
Home Insurance
5%
$147
HOA
3%
$95
Property Management
15%
$431
CapEx
4%
$115
Vacancy
0%
$0
Maintenance
4%
$115
Other
25%
$718