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This property looks like a bad Airbnb investment with a projected -3.44% first-year return on $69,450 initial cash invested.
-3.44%
Cash On Cash
5.9%
Cap Rate
0.93
DSCR
$2,636
Rent
-$199
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,636 income − $2,835 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,636
Total Expenses
$2,835
Mortgage P&I
49%
$1,299
Property Taxes
7%
$186
Home Insurance
3%
$86
HOA
0%
$0
Property Management
15%
$395
CapEx
4%
$105
Vacancy
0%
$0
Maintenance
4%
$105
Other
25%
$659