Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -12.24% first-year return on $107k initial cash invested.
-12.24%
Cash On Cash
3.36%
Cap Rate
0.54
DSCR
$2,500
Rent
-$1,093
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,500 income − $3,593 expenses = $1,093 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$2,500
Total Expenses
$3,593
Mortgage P&I
87%
$2,180
Property Taxes
2%
$59
Home Insurance
6%
$154
HOA
0%
$0
Property Management
15%
$375
CapEx
4%
$100
Vacancy
0%
$0
Maintenance
4%
$100
Other
25%
$625