This property looks like a bad Airbnb investment with a projected -23.04% first-year return on $125k initial cash invested.
-23.04%
Cash On Cash
0.79%
Cap Rate
0.13
DSCR
$1,933
Rent
-$2,393
Cashflow
Cash Flow
$1,933 income − $4,326 expenses = $2,393 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$125k
Downpayment
20%
$102k
Closing costs
1%
$5,079
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$1,933
Total Expenses
$4,326
Mortgage P&I
137%
$2,652
Property Taxes
29%
$561
Home Insurance
10%
$186
HOA
0%
$0
Property Management
15%
$290
CapEx
4%
$77
Vacancy
0%
$0
Maintenance
4%
$77
Other
25%
$483