This property looks like a bad Airbnb investment with a projected -14.13% first-year return on $86,292 initial cash invested.
-14.13%
Cash On Cash
3.33%
Cap Rate
0.49
DSCR
$2,098
Rent
-$1,016
Cashflow
Cash Flow
$2,098 income − $3,114 expenses = $1,016 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,292
Downpayment
20%
$65,040
Closing costs
1%
$3,252
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,098
Total Expenses
$3,114
Mortgage P&I
87%
$1,835
Property Taxes
7%
$156
Home Insurance
6%
$116
HOA
0%
$0
Property Management
15%
$315
CapEx
4%
$84
Vacancy
0%
$0
Maintenance
4%
$84
Other
25%
$524