This property looks like a bad Airbnb investment with a projected -18.24% first-year return on $67,350 initial cash invested.
-18.24%
Cash On Cash
1.58%
Cap Rate
0.24
DSCR
$1,346
Rent
-$1,024
Cashflow
Cash Flow
$1,346 income − $2,370 expenses = $1,024 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,346
Total Expenses
$2,370
Mortgage P&I
95%
$1,280
Property Taxes
27%
$362
Home Insurance
6%
$82
HOA
0%
$0
Property Management
15%
$202
CapEx
4%
$54
Vacancy
0%
$0
Maintenance
4%
$54
Other
25%
$336