Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -12.67% first-year return on $107k initial cash invested.
-12.67%
Cash On Cash
3%
Cap Rate
0.51
DSCR
$2,550
Rent
-$1,130
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,550 income − $3,680 expenses = $1,130 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,800
Closing costs
1%
$4,240
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,550
Total Expenses
$3,680
Mortgage P&I
82%
$2,087
Property Taxes
9%
$221
Home Insurance
6%
$148
HOA
0%
$0
Property Management
15%
$382
CapEx
4%
$102
Vacancy
0%
$0
Maintenance
4%
$102
Other
25%
$638