This property looks like a bad Airbnb investment with a projected -15% first-year return on $137k initial cash invested.
-15%
Cash On Cash
3.09%
Cap Rate
0.49
DSCR
$4,263
Rent
-$1,719
Cashflow
Cash Flow
$4,263 income − $5,982 expenses = $1,719 out of pocket
Investment Breakdown
|
Purchase Price
$569k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$114k
Closing costs
1%
$5,690
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,263
Total Expenses
$5,982
Mortgage P&I
71%
$3,011
Property Taxes
17%
$725
Home Insurance
5%
$199
HOA
0%
$0
Property Management
15%
$639
CapEx
4%
$171
Vacancy
0%
$0
Maintenance
4%
$171
Other
25%
$1,066