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This property looks like a bad Airbnb investment with a projected -16.15% first-year return on $144k initial cash invested.
-16.15%
Cash On Cash
2.26%
Cap Rate
0.38
DSCR
$3,304
Rent
-$1,943
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,304 income − $5,247 expenses = $1,943 out of pocket
Investment Breakdown
|
Purchase Price
$602k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$144k
Downpayment
20%
$120k
Closing costs
1%
$6,017
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,304
Total Expenses
$5,247
Mortgage P&I
89%
$2,944
Property Taxes
15%
$509
Home Insurance
6%
$208
HOA
0%
$0
Property Management
15%
$496
CapEx
4%
$132
Vacancy
0%
$0
Maintenance
4%
$132
Other
25%
$826