This property looks like a bad Airbnb investment with a projected -18.53% first-year return on $125k initial cash invested.
-18.53%
Cash On Cash
1.86%
Cap Rate
0.3
DSCR
$2,526
Rent
-$1,937
Cashflow
Cash Flow
$2,526 income − $4,463 expenses = $1,937 out of pocket
Investment Breakdown
|
Purchase Price
$512k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,115
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,526
Total Expenses
$4,463
Mortgage P&I
104%
$2,629
Property Taxes
17%
$437
Home Insurance
7%
$184
HOA
0%
$0
Property Management
15%
$379
CapEx
4%
$101
Vacancy
0%
$0
Maintenance
4%
$101
Other
25%
$632