This property looks like a bad Airbnb investment with a projected -27.1% first-year return on $288k initial cash invested.
-27.1%
Cash On Cash
0.68%
Cap Rate
0.1
DSCR
$4,345
Rent
-$6,507
Cashflow
Cash Flow
$4,345 income − $10,852 expenses = $6,507 out of pocket
Investment Breakdown
|
Purchase Price
$1286k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$288k
Downpayment
20%
$257k
Closing costs
1%
$12,862
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,345
Total Expenses
$10,852
Mortgage P&I
162%
$7,060
Property Taxes
29%
$1,258
Home Insurance
10%
$448
HOA
0%
$0
Property Management
15%
$652
CapEx
4%
$174
Vacancy
0%
$0
Maintenance
4%
$174
Other
25%
$1,086