This property looks like a bad Airbnb investment with a projected -30.26% first-year return on $75,225 initial cash invested.
-30.26%
Cash On Cash
-1.62%
Cap Rate
-0.24
DSCR
$0
Rent
-$1,897
Cashflow
Cash Flow
$0 income − $1,897 expenses = $1,897 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$0
Total Expenses
$1,897
Mortgage P&I
15280000%
$1,528
Property Taxes
2730000%
$273
Home Insurance
960000%
$96
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0