This property looks like a bad Airbnb investment with a projected -8.26% first-year return on $99,816 initial cash invested.
-8.26%
Cash On Cash
4.88%
Cap Rate
0.75
DSCR
$4,169
Rent
-$687
Cashflow
Cash Flow
$4,169 income − $4,856 expenses = $687 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,816
Downpayment
20%
$77,920
Closing costs
1%
$3,896
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,169
Total Expenses
$4,856
Mortgage P&I
50%
$2,104
Property Taxes
15%
$615
Home Insurance
3%
$136
HOA
0%
$0
Property Management
15%
$625
CapEx
4%
$167
Vacancy
0%
$0
Maintenance
4%
$167
Other
25%
$1,042