This property looks like a bad Airbnb investment with a projected -14.77% first-year return on $75,015 initial cash invested.
-14.77%
Cash On Cash
2.99%
Cap Rate
0.45
DSCR
$2,053
Rent
-$923
Cashflow
Cash Flow
$2,053 income − $2,976 expenses = $923 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,015
Downpayment
20%
$54,300
Closing costs
1%
$2,715
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,053
Total Expenses
$2,976
Mortgage P&I
74%
$1,517
Property Taxes
18%
$378
Home Insurance
5%
$96
HOA
0%
$0
Property Management
15%
$308
CapEx
4%
$82
Vacancy
0%
$0
Maintenance
4%
$82
Other
25%
$513