This property looks like a bad Airbnb investment with a projected -25.59% first-year return on $155k initial cash invested.
-25.59%
Cash On Cash
0.67%
Cap Rate
0.1
DSCR
$2,149
Rent
-$3,313
Cashflow
Cash Flow
$2,149 income − $5,462 expenses = $3,313 out of pocket
Investment Breakdown
|
Purchase Price
$654k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$131k
Closing costs
1%
$6,542
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,149
Total Expenses
$5,462
Mortgage P&I
167%
$3,591
Property Taxes
28%
$612
Home Insurance
11%
$228
HOA
0%
$0
Property Management
15%
$322
CapEx
4%
$86
Vacancy
0%
$0
Maintenance
4%
$86
Other
25%
$537