This property looks like a bad Airbnb investment with a projected -16.1% first-year return on $80,181 initial cash invested.
-16.1%
Cash On Cash
2.64%
Cap Rate
0.4
DSCR
$2,023
Rent
-$1,076
Cashflow
Cash Flow
$2,023 income − $3,099 expenses = $1,076 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,181
Downpayment
20%
$59,220
Closing costs
1%
$2,961
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,023
Total Expenses
$3,099
Mortgage P&I
81%
$1,646
Property Taxes
19%
$377
Home Insurance
5%
$105
HOA
0%
$0
Property Management
15%
$303
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$506