This property looks like a bad Airbnb investment with a projected -22.06% first-year return on $85,578 initial cash invested.
-22.06%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$514
Rent
-$1,573
Cashflow
Cash Flow
$514 income − $2,087 expenses = $1,573 out of pocket
Investment Breakdown
|
Purchase Price
$322k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,578
Downpayment
20%
$64,360
Closing costs
1%
$3,218
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$514
Total Expenses
$2,087
Mortgage P&I
318%
$1,637
Property Taxes
5%
$26
Home Insurance
22%
$114
HOA
12%
$63
Property Management
15%
$77
CapEx
4%
$21
Vacancy
0%
$0
Maintenance
4%
$21
Other
25%
$128