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This property looks like a bad Airbnb investment with a projected -9.55% first-year return on $69,870 initial cash invested.
-9.55%
Cash On Cash
3.81%
Cap Rate
0.63
DSCR
$2,343
Rent
-$556
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,343 income − $2,899 expenses = $556 out of pocket
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,870
Downpayment
20%
$49,400
Closing costs
1%
$2,470
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,343
Total Expenses
$2,899
Mortgage P&I
53%
$1,247
Property Taxes
17%
$406
Home Insurance
4%
$88
HOA
1%
$33
Property Management
15%
$351
CapEx
4%
$94
Vacancy
0%
$0
Maintenance
4%
$94
Other
25%
$586