This property could be a profitable Airbnb investment with a projected 22.74% first-year return on $28,332 initial cash invested.
22.74%
Cash On Cash
20.93%
Cap Rate
3.47
DSCR
$1,862
Rent
$537
Cashflow
Cash Flow
$1,862 income − $1,325 expenses = $537 cash flow
Investment Breakdown
|
Purchase Price
$49,200
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,332
Downpayment
20%
$9,840
Closing costs
1%
$492
Rehab
0%
$0
Furnishing
37%
$18,000
Cashflow
Total Income
$1,862
Total Expenses
$1,325
Mortgage P&I
13%
$247
Property Taxes
4%
$80
Home Insurance
6%
$105
HOA
0%
$0
Property Management
15%
$279
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$466