This property looks like a bad Airbnb investment with a projected -12.42% first-year return on $139k initial cash invested.
-12.42%
Cash On Cash
3.47%
Cap Rate
0.57
DSCR
$4,106
Rent
-$1,436
Cashflow
Cash Flow
$4,106 income − $5,542 expenses = $1,436 out of pocket
Investment Breakdown
|
Purchase Price
$575k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$139k
Downpayment
20%
$115k
Closing costs
1%
$5,750
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,106
Total Expenses
$5,542
Mortgage P&I
71%
$2,935
Property Taxes
11%
$436
Home Insurance
5%
$201
HOA
0%
$0
Property Management
15%
$616
CapEx
4%
$164
Vacancy
0%
$0
Maintenance
4%
$164
Other
25%
$1,026