This property looks like a bad Airbnb investment with a projected -0.71% first-year return on $86,250 initial cash invested.
-0.71%
Cash On Cash
6.54%
Cap Rate
1.06
DSCR
$3,821
Rent
-$51
Cashflow
Cash Flow
$3,821 income − $3,872 expenses = $51 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,821
Total Expenses
$3,872
Mortgage P&I
44%
$1,669
Property Taxes
7%
$255
Home Insurance
3%
$114
HOA
0%
$0
Property Management
15%
$573
CapEx
4%
$153
Vacancy
0%
$0
Maintenance
4%
$153
Other
25%
$955