This property looks like a bad Airbnb investment with a projected -13.03% first-year return on $80,937 initial cash invested.
-13.03%
Cash On Cash
3.21%
Cap Rate
0.5
DSCR
$1,794
Rent
-$879
Cashflow
Cash Flow
$1,794 income − $2,673 expenses = $879 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,937
Downpayment
20%
$59,940
Closing costs
1%
$2,997
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,794
Total Expenses
$2,673
Mortgage P&I
90%
$1,609
Property Taxes
6%
$107
Home Insurance
5%
$96
HOA
0%
$0
Property Management
15%
$269
CapEx
4%
$72
Vacancy
0%
$0
Maintenance
4%
$72
Other
25%
$448