Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -24.51% first-year return on $240k initial cash invested.
-24.51%
Cash On Cash
0.46%
Cap Rate
0.08
DSCR
$3,632
Rent
-$4,900
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,632 income − $8,532 expenses = $4,900 out of pocket
Investment Breakdown
|
Purchase Price
$1057k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$240k
Downpayment
20%
$211k
Closing costs
1%
$10,566
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$3,632
Total Expenses
$8,532
Mortgage P&I
142%
$5,164
Property Taxes
17%
$630
Home Insurance
11%
$416
HOA
16%
$579
Property Management
15%
$545
CapEx
4%
$145
Vacancy
0%
$0
Maintenance
4%
$145
Other
25%
$908