This property looks like a bad Airbnb investment with a projected -8.49% first-year return on $92,760 initial cash invested.
-8.49%
Cash On Cash
4.87%
Cap Rate
0.73
DSCR
$3,190
Rent
-$656
Cashflow
Cash Flow
$3,190 income − $3,846 expenses = $656 out of pocket
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,760
Downpayment
20%
$71,200
Closing costs
1%
$3,560
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,190
Total Expenses
$3,846
Mortgage P&I
62%
$1,972
Property Taxes
7%
$214
Home Insurance
4%
$128
HOA
0%
$0
Property Management
15%
$478
CapEx
4%
$128
Vacancy
0%
$0
Maintenance
4%
$128
Other
25%
$798