This property looks like a bad Airbnb investment with a projected -35.44% first-year return on $209k initial cash invested.
-35.44%
Cash On Cash
-1.6%
Cap Rate
-0.24
DSCR
$0
Rent
-$6,176
Cashflow
Cash Flow
$0 income − $6,176 expenses = $6,176 out of pocket
Investment Breakdown
|
Purchase Price
$910k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$209k
Downpayment
20%
$182k
Closing costs
1%
$9,100
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$0
Total Expenses
$6,176
Mortgage P&I
49630000%
$4,963
Property Taxes
8950000%
$895
Home Insurance
3180000%
$318
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0