This property looks like a bad Airbnb investment with a projected -25.27% first-year return on $161k initial cash invested.
-25.27%
Cash On Cash
0.75%
Cap Rate
0.11
DSCR
$2,189
Rent
-$3,394
Cashflow
Cash Flow
$2,189 income − $5,583 expenses = $3,394 out of pocket
Investment Breakdown
|
Purchase Price
$682k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$136k
Closing costs
1%
$6,818
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,189
Total Expenses
$5,583
Mortgage P&I
170%
$3,732
Property Taxes
24%
$536
Home Insurance
11%
$239
HOA
1%
$25
Property Management
15%
$328
CapEx
4%
$88
Vacancy
0%
$0
Maintenance
4%
$88
Other
25%
$547