This property looks like a bad Airbnb investment with a projected -23.71% first-year return on $200k initial cash invested.
-23.71%
Cash On Cash
0.8%
Cap Rate
0.13
DSCR
$2,354
Rent
-$3,952
Cashflow
Cash Flow
$2,354 income − $6,306 expenses = $3,952 out of pocket
Investment Breakdown
|
Purchase Price
$867k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$173k
Closing costs
1%
$8,668
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$2,354
Total Expenses
$6,306
Mortgage P&I
189%
$4,439
Property Taxes
18%
$423
Home Insurance
13%
$315
HOA
0%
$0
Property Management
15%
$353
CapEx
4%
$94
Vacancy
0%
$0
Maintenance
4%
$94
Other
25%
$588