This property looks like a bad Airbnb investment with a projected -3.67% first-year return on $52,650 initial cash invested.
-3.67%
Cash On Cash
5.8%
Cap Rate
0.9
DSCR
$1,849
Rent
-$161
Cashflow
Cash Flow
$1,849 income − $2,010 expenses = $161 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,849
Total Expenses
$2,010
Mortgage P&I
48%
$885
Property Taxes
10%
$180
Home Insurance
3%
$58
HOA
0%
$0
Property Management
15%
$277
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$462