This property might be a fair Airbnb investment with a projected 1.06% first-year return on $44,229 initial cash invested.
1.06%
Cash On Cash
7.42%
Cap Rate
1.17
DSCR
$1,839
Rent
$39
Cashflow
Cash Flow
$1,839 income − $1,800 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,839
Total Expenses
$1,800
Mortgage P&I
36%
$659
Property Taxes
12%
$213
Home Insurance
2%
$44
HOA
0%
$0
Property Management
15%
$276
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$460