This property looks like a bad Airbnb investment with a projected -26.03% first-year return on $175k initial cash invested.
-26.03%
Cash On Cash
0.12%
Cap Rate
0.02
DSCR
$1,956
Rent
-$3,803
Cashflow
Cash Flow
$1,956 income − $5,759 expenses = $3,803 out of pocket
Investment Breakdown
|
Purchase Price
$749k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,490
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$1,956
Total Expenses
$5,759
Mortgage P&I
194%
$3,797
Property Taxes
39%
$762
Home Insurance
13%
$262
HOA
0%
$0
Property Management
15%
$293
CapEx
4%
$78
Vacancy
0%
$0
Maintenance
4%
$78
Other
25%
$489