This property looks like a bad Airbnb investment with a projected -25.3% first-year return on $108k initial cash invested.
-25.3%
Cash On Cash
0.24%
Cap Rate
0.04
DSCR
$1,501
Rent
-$2,283
Cashflow
Cash Flow
$1,501 income − $3,784 expenses = $2,283 out of pocket
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,501
Total Expenses
$3,784
Mortgage P&I
154%
$2,309
Property Taxes
40%
$605
Home Insurance
10%
$150
HOA
0%
$0
Property Management
15%
$225
CapEx
4%
$60
Vacancy
0%
$0
Maintenance
4%
$60
Other
25%
$375