This property looks like a bad Airbnb investment with a projected -13.17% first-year return on $155k initial cash invested.
-13.17%
Cash On Cash
3.78%
Cap Rate
0.57
DSCR
$4,378
Rent
-$1,699
Cashflow
Cash Flow
$4,378 income − $6,077 expenses = $1,699 out of pocket
Investment Breakdown
|
Purchase Price
$651k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$155k
Downpayment
20%
$130k
Closing costs
1%
$6,513
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,378
Total Expenses
$6,077
Mortgage P&I
82%
$3,574
Property Taxes
4%
$160
Home Insurance
6%
$242
HOA
0%
$0
Property Management
15%
$657
CapEx
4%
$175
Vacancy
0%
$0
Maintenance
4%
$175
Other
25%
$1,094