This property looks like a bad Airbnb investment with a projected -13.13% first-year return on $67,623 initial cash invested.
-13.13%
Cash On Cash
2.97%
Cap Rate
0.46
DSCR
$1,547
Rent
-$740
Cashflow
Cash Flow
$1,547 income − $2,287 expenses = $740 out of pocket
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,623
Downpayment
20%
$47,260
Closing costs
1%
$2,363
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,547
Total Expenses
$2,287
Mortgage P&I
82%
$1,262
Property Taxes
13%
$200
Home Insurance
5%
$82
HOA
0%
$0
Property Management
15%
$232
CapEx
4%
$62
Vacancy
0%
$0
Maintenance
4%
$62
Other
25%
$387