This property looks like a bad Airbnb investment with a projected -20.09% first-year return on $194k initial cash invested.
-20.09%
Cash On Cash
1.65%
Cap Rate
0.27
DSCR
$2,830
Rent
-$3,250
Cashflow
Cash Flow
$2,830 income − $6,080 expenses = $3,250 out of pocket
Investment Breakdown
|
Purchase Price
$839k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$194k
Downpayment
20%
$168k
Closing costs
1%
$8,389
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,830
Total Expenses
$6,080
Mortgage P&I
152%
$4,290
Property Taxes
4%
$117
Home Insurance
11%
$315
HOA
0%
$0
Property Management
15%
$424
CapEx
4%
$113
Vacancy
0%
$0
Maintenance
4%
$113
Other
25%
$708