This property looks like a bad Airbnb investment with a projected -10.74% first-year return on $86,250 initial cash invested.
-10.74%
Cash On Cash
3.63%
Cap Rate
0.59
DSCR
$2,433
Rent
-$772
Cashflow
Cash Flow
$2,433 income − $3,205 expenses = $772 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,433
Total Expenses
$3,205
Mortgage P&I
68%
$1,659
Property Taxes
11%
$265
Home Insurance
5%
$114
HOA
0%
$0
Property Management
15%
$365
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$608