This property looks like a bad Airbnb investment with a projected -25.46% first-year return on $130k initial cash invested.
-25.46%
Cash On Cash
0.76%
Cap Rate
0.11
DSCR
$2,270
Rent
-$2,766
Cashflow
Cash Flow
$2,270 income − $5,036 expenses = $2,766 out of pocket
Investment Breakdown
|
Purchase Price
$535k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$107k
Closing costs
1%
$5,350
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,270
Total Expenses
$5,036
Mortgage P&I
133%
$3,013
Property Taxes
33%
$746
Home Insurance
8%
$187
HOA
0%
$0
Property Management
15%
$340
CapEx
4%
$91
Vacancy
0%
$0
Maintenance
4%
$91
Other
25%
$568