This property looks like a bad Airbnb investment with a projected -25.21% first-year return on $168k initial cash invested.
-25.21%
Cash On Cash
0.87%
Cap Rate
0.13
DSCR
$3,852
Rent
-$3,537
Cashflow
Cash Flow
$3,852 income − $7,389 expenses = $3,537 out of pocket
Investment Breakdown
|
Purchase Price
$716k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$168k
Downpayment
20%
$143k
Closing costs
1%
$7,161
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,852
Total Expenses
$7,389
Mortgage P&I
101%
$3,903
Property Taxes
15%
$561
Home Insurance
7%
$262
HOA
21%
$814
Property Management
15%
$578
CapEx
4%
$154
Vacancy
0%
$0
Maintenance
4%
$154
Other
25%
$963