This property looks like a bad Airbnb investment with a projected -8.69% first-year return on $73,293 initial cash invested.
-8.69%
Cash On Cash
4.12%
Cap Rate
0.67
DSCR
$2,246
Rent
-$531
Cashflow
Cash Flow
$2,246 income − $2,777 expenses = $531 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,293
Downpayment
20%
$52,660
Closing costs
1%
$2,633
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,246
Total Expenses
$2,777
Mortgage P&I
60%
$1,346
Property Taxes
11%
$242
Home Insurance
4%
$93
HOA
1%
$17
Property Management
15%
$337
CapEx
4%
$90
Vacancy
0%
$0
Maintenance
4%
$90
Other
25%
$562