This property looks like a bad Airbnb investment with a projected -28.77% first-year return on $109k initial cash invested.
-28.77%
Cash On Cash
-1.07%
Cap Rate
-0.17
DSCR
$0
Rent
-$2,622
Cashflow
Cash Flow
$0 income − $2,622 expenses = $2,622 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$0
Total Expenses
$2,622
Mortgage P&I
22340000%
$2,234
Property Taxes
2360000%
$236
Home Insurance
1520000%
$152
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0