This property looks like a bad Airbnb investment with a projected -22.62% first-year return on $86,565 initial cash invested.
-22.62%
Cash On Cash
0.73%
Cap Rate
0.11
DSCR
$1,129
Rent
-$1,632
Cashflow
Cash Flow
$1,129 income − $2,761 expenses = $1,632 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,565
Downpayment
20%
$65,300
Closing costs
1%
$3,265
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,129
Total Expenses
$2,761
Mortgage P&I
158%
$1,785
Property Taxes
28%
$319
Home Insurance
10%
$116
HOA
0%
$0
Property Management
15%
$169
CapEx
4%
$45
Vacancy
0%
$0
Maintenance
4%
$45
Other
25%
$282