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This property looks like a bad Airbnb investment with a projected -7.64% first-year return on $62,232 initial cash invested.
-7.64%
Cash On Cash
4.63%
Cap Rate
0.75
DSCR
$2,226
Rent
-$396
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,232
Downpayment
20%
$47,840
Closing costs
1%
$2,392
Rehab
0%
$0
Furnishing
5%
$12,000
Cashflow
Total Income
$2,226
Total Expenses
$2,622
Mortgage P&I
55%
$1,229
Property Taxes
11%
$239
Home Insurance
4%
$86
HOA
0%
$0
Property Management
15%
$334
CapEx
4%
$89
Vacancy
0%
$0
Maintenance
4%
$89
Other
25%
$556
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Towel City Hidden Gem | $1,732 | $85 | 2 | 2 | 0.03 mi |
Your Home Away from Home | $2,731 | $134 | 3 | 1 | 0.52 mi |
Cozy Duplex unit- Down Town Kannapolis | $1,753 | $86 | 1 | 1 | 0.67 mi |
Large Three Bedroom Downtown w Parking! | $2,670 | $131 | 3 | 2.5 | 0.2 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality