This property looks like a bad Airbnb investment with a projected -19.62% first-year return on $208k initial cash invested.
-19.62%
Cash On Cash
1.91%
Cap Rate
0.31
DSCR
$4,819
Rent
-$3,405
Cashflow
Cash Flow
$4,819 income − $8,224 expenses = $3,405 out of pocket
Investment Breakdown
|
Purchase Price
$906k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$208k
Downpayment
20%
$181k
Closing costs
1%
$9,062
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,819
Total Expenses
$8,224
Mortgage P&I
97%
$4,658
Property Taxes
17%
$805
Home Insurance
7%
$332
HOA
2%
$115
Property Management
15%
$723
CapEx
4%
$193
Vacancy
0%
$0
Maintenance
4%
$193
Other
25%
$1,205