This property looks like a bad Airbnb investment with a projected -22.27% first-year return on $175k initial cash invested.
-22.27%
Cash On Cash
1.02%
Cap Rate
0.17
DSCR
$2,302
Rent
-$3,256
Cashflow
Cash Flow
$2,302 income − $5,558 expenses = $3,256 out of pocket
Investment Breakdown
|
Purchase Price
$750k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$175k
Downpayment
20%
$150k
Closing costs
1%
$7,497
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,302
Total Expenses
$5,558
Mortgage P&I
165%
$3,800
Property Taxes
17%
$393
Home Insurance
11%
$260
HOA
0%
$0
Property Management
15%
$345
CapEx
4%
$92
Vacancy
0%
$0
Maintenance
4%
$92
Other
25%
$576