This property looks like a bad Airbnb investment with a projected -12.3% first-year return on $90,660 initial cash invested.
-12.3%
Cash On Cash
3.18%
Cap Rate
0.52
DSCR
$1,897
Rent
-$929
Cashflow
Cash Flow
$1,897 income − $2,826 expenses = $929 out of pocket
Investment Breakdown
|
Purchase Price
$346k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,660
Downpayment
20%
$69,200
Closing costs
1%
$3,460
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$1,897
Total Expenses
$2,826
Mortgage P&I
93%
$1,771
Property Taxes
1%
$23
Home Insurance
6%
$121
HOA
0%
$0
Property Management
15%
$285
CapEx
4%
$76
Vacancy
0%
$0
Maintenance
4%
$76
Other
25%
$474