This property looks like a bad Airbnb investment with a projected -21.29% first-year return on $100k initial cash invested.
-21.29%
Cash On Cash
0.93%
Cap Rate
0.15
DSCR
$1,702
Rent
-$1,776
Cashflow
Cash Flow
$1,702 income − $3,478 expenses = $1,776 out of pocket
Investment Breakdown
|
Purchase Price
$391k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$100k
Downpayment
20%
$78,180
Closing costs
1%
$3,909
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,702
Total Expenses
$3,478
Mortgage P&I
118%
$2,012
Property Taxes
30%
$509
Home Insurance
8%
$140
HOA
0%
$0
Property Management
15%
$255
CapEx
4%
$68
Vacancy
0%
$0
Maintenance
4%
$68
Other
25%
$426