This property looks like a bad Airbnb investment with a projected -7.1% first-year return on $86,754 initial cash invested.
-7.1%
Cash On Cash
5.18%
Cap Rate
0.79
DSCR
$3,651
Rent
-$513
Cashflow
Cash Flow
$3,651 income − $4,164 expenses = $513 out of pocket
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,754
Downpayment
20%
$65,480
Closing costs
1%
$3,274
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,651
Total Expenses
$4,164
Mortgage P&I
49%
$1,780
Property Taxes
14%
$515
Home Insurance
3%
$116
HOA
0%
$0
Property Management
15%
$548
CapEx
4%
$146
Vacancy
0%
$0
Maintenance
4%
$146
Other
25%
$913