This property looks like a bad Airbnb investment with a projected -26.4% first-year return on $212k initial cash invested.
-26.4%
Cash On Cash
0.92%
Cap Rate
0.14
DSCR
$3,473
Rent
-$4,668
Cashflow
Cash Flow
$3,473 income − $8,141 expenses = $4,668 out of pocket
Investment Breakdown
|
Purchase Price
$925k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$212k
Downpayment
20%
$185k
Closing costs
1%
$9,246
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,473
Total Expenses
$8,141
Mortgage P&I
151%
$5,240
Property Taxes
26%
$910
Home Insurance
9%
$324
HOA
0%
$0
Property Management
15%
$521
CapEx
4%
$139
Vacancy
0%
$0
Maintenance
4%
$139
Other
25%
$868