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This property looks like a bad Airbnb investment with a projected -20.35% first-year return on $274k initial cash invested.

-20.35%

Cash On Cash

1.62%

Cap Rate

0.27

DSCR

$5,121

Rent

-$4,640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1217k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$274k

Downpayment

20%

$243k

Closing costs

1%

$12,169

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,121

Total Expenses

$9,761

Mortgage P&I

119%

$6,073

Property Taxes

15%

$792

Home Insurance

9%

$438

HOA

0%

$0

Property Management

15%

$768

CapEx

4%

$205

Vacancy

0%

$0

Maintenance

4%

$205

Other

25%

$1,280

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

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2

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0.47 mi

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4

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2

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0.9 mi

2022 S American St

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5

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0.6 mi

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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