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This property looks like a bad Airbnb investment with a projected -2.98% first-year return on $64,368 initial cash invested.
-2.98%
Cash On Cash
6.2%
Cap Rate
0.95
DSCR
$2,511
Rent
-$160
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,511 income − $2,671 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,368
Downpayment
20%
$44,160
Closing costs
1%
$2,208
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,511
Total Expenses
$2,671
Mortgage P&I
48%
$1,201
Property Taxes
7%
$186
Home Insurance
3%
$79
HOA
0%
$0
Property Management
15%
$377
CapEx
4%
$100
Vacancy
0%
$0
Maintenance
4%
$100
Other
25%
$628