This property looks like a bad Airbnb investment with a projected -30.59% first-year return on $99,879 initial cash invested.
-30.59%
Cash On Cash
-1.19%
Cap Rate
-0.18
DSCR
$0
Rent
-$2,546
Cashflow
Cash Flow
$0 income − $2,546 expenses = $2,546 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$99,879
Downpayment
20%
$77,980
Closing costs
1%
$3,899
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,546
Mortgage P&I
21600000%
$2,160
Property Taxes
2500000%
$250
Home Insurance
1360000%
$136
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0