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This property looks like a bad Airbnb investment with a projected -6.4% first-year return on $240k initial cash invested.
-6.4%
Cash On Cash
5.06%
Cap Rate
0.83
DSCR
$9,693
Rent
-$1,282
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$9,693 income − $10,975 expenses = $1,282 out of pocket
Investment Breakdown
|
Purchase Price
$1060k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$240k
Downpayment
20%
$212k
Closing costs
1%
$10,595
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$9,693
Total Expenses
$10,975
Mortgage P&I
55%
$5,365
Property Taxes
6%
$572
Home Insurance
4%
$385
HOA
0%
$0
Property Management
15%
$1,454
CapEx
4%
$388
Vacancy
0%
$0
Maintenance
4%
$388
Other
25%
$2,423