This property looks like a bad Airbnb investment with a projected -23.01% first-year return on $179k initial cash invested.
-23.01%
Cash On Cash
1.41%
Cap Rate
0.21
DSCR
$3,231
Rent
-$3,428
Cashflow
Cash Flow
$3,231 income − $6,659 expenses = $3,428 out of pocket
Investment Breakdown
|
Purchase Price
$766k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$179k
Downpayment
20%
$153k
Closing costs
1%
$7,656
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,231
Total Expenses
$6,659
Mortgage P&I
130%
$4,196
Property Taxes
19%
$618
Home Insurance
8%
$272
HOA
1%
$22
Property Management
15%
$485
CapEx
4%
$129
Vacancy
0%
$0
Maintenance
4%
$129
Other
25%
$808