This property might be a fair Airbnb investment with a projected 0.55% first-year return on $78,165 initial cash invested.
0.55%
Cash On Cash
6.76%
Cap Rate
1.13
DSCR
$3,666
Rent
$36
Cashflow
Cash Flow
$3,666 income − $3,630 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,165
Downpayment
20%
$57,300
Closing costs
1%
$2,865
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,666
Total Expenses
$3,630
Mortgage P&I
39%
$1,430
Property Taxes
9%
$338
Home Insurance
3%
$102
HOA
0%
$0
Property Management
15%
$550
CapEx
4%
$147
Vacancy
0%
$0
Maintenance
4%
$147
Other
25%
$916