This property looks like a bad Airbnb investment with a projected -9.68% first-year return on $102k initial cash invested.
-9.68%
Cash On Cash
4.1%
Cap Rate
0.66
DSCR
$3,165
Rent
-$824
Cashflow
Cash Flow
$3,165 income − $3,989 expenses = $824 out of pocket
Investment Breakdown
|
Purchase Price
$401k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$80,100
Closing costs
1%
$4,005
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,165
Total Expenses
$3,989
Mortgage P&I
65%
$2,065
Property Taxes
8%
$264
Home Insurance
4%
$140
HOA
0%
$0
Property Management
15%
$475
CapEx
4%
$127
Vacancy
0%
$0
Maintenance
4%
$127
Other
25%
$791