This property looks like a bad Airbnb investment with a projected -15.25% first-year return on $74,679 initial cash invested.
-15.25%
Cash On Cash
2.28%
Cap Rate
0.36
DSCR
$1,233
Rent
-$949
Cashflow
Cash Flow
$1,233 income − $2,182 expenses = $949 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,233
Total Expenses
$2,182
Mortgage P&I
115%
$1,412
Property Taxes
7%
$85
Home Insurance
8%
$94
HOA
0%
$0
Property Management
15%
$185
CapEx
4%
$49
Vacancy
0%
$0
Maintenance
4%
$49
Other
25%
$308