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6850 Forsythia Way, Reno, NV 89506

3 beds • 3 baths • 1568 sqft

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This property looks like a bad Airbnb investment with a projected -5.21% first-year return on $108k initial cash invested.

-5.21%

Cash On Cash

5.02%

Cap Rate

0.85

DSCR

$3,915

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,880

Closing costs

1%

$4,294

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,915

Total Expenses

$4,385

Mortgage P&I

54%

$2,109

Property Taxes

6%

$246

Home Insurance

4%

$150

HOA

0%

$0

Property Management

15%

$587

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$979

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