This property looks like a bad Airbnb investment with a projected -22.52% first-year return on $128k initial cash invested.
-22.52%
Cash On Cash
1.09%
Cap Rate
0.17
DSCR
$3,469
Rent
-$2,407
Cashflow
Cash Flow
$3,469 income − $5,876 expenses = $2,407 out of pocket
Investment Breakdown
|
Purchase Price
$525k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$128k
Downpayment
20%
$105k
Closing costs
1%
$5,250
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,469
Total Expenses
$5,876
Mortgage P&I
79%
$2,746
Property Taxes
34%
$1,176
Home Insurance
5%
$184
HOA
3%
$105
Property Management
15%
$520
CapEx
4%
$139
Vacancy
0%
$0
Maintenance
4%
$139
Other
25%
$867