This property looks like a bad Airbnb investment with a projected -20.12% first-year return on $85,809 initial cash invested.
-20.12%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$1,509
Rent
-$1,439
Cashflow
Cash Flow
$1,509 income − $2,948 expenses = $1,439 out of pocket
Investment Breakdown
|
Purchase Price
$323k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,809
Downpayment
20%
$64,580
Closing costs
1%
$3,229
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$1,509
Total Expenses
$2,948
Mortgage P&I
116%
$1,743
Property Taxes
23%
$351
Home Insurance
9%
$131
HOA
0%
$0
Property Management
15%
$226
CapEx
4%
$60
Vacancy
0%
$0
Maintenance
4%
$60
Other
25%
$377