This property looks like a bad Airbnb investment with a projected -21.31% first-year return on $86,250 initial cash invested.
-21.31%
Cash On Cash
0.8%
Cap Rate
0.13
DSCR
$1,907
Rent
-$1,532
Cashflow
Cash Flow
$1,907 income − $3,439 expenses = $1,532 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,907
Total Expenses
$3,439
Mortgage P&I
88%
$1,673
Property Taxes
36%
$683
Home Insurance
6%
$114
HOA
3%
$54
Property Management
15%
$286
CapEx
4%
$76
Vacancy
0%
$0
Maintenance
4%
$76
Other
25%
$477