This property looks like a bad Airbnb investment with a projected -28.04% first-year return on $286k initial cash invested.
-28.04%
Cash On Cash
0.52%
Cap Rate
0.08
DSCR
$3,368
Rent
-$6,684
Cashflow
Cash Flow
$3,368 income − $10,052 expenses = $6,684 out of pocket
Investment Breakdown
|
Purchase Price
$1277k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$286k
Downpayment
20%
$255k
Closing costs
1%
$12,766
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$3,368
Total Expenses
$10,052
Mortgage P&I
211%
$7,105
Property Taxes
26%
$875
Home Insurance
14%
$455
HOA
0%
$0
Property Management
15%
$505
CapEx
4%
$135
Vacancy
0%
$0
Maintenance
4%
$135
Other
25%
$842