This property could be a profitable Airbnb investment with a projected 10.35% first-year return on $51,831 initial cash invested.
10.35%
Cash On Cash
10.73%
Cap Rate
1.64
DSCR
$2,836
Rent
$447
Cashflow
Cash Flow
$2,836 income − $2,389 expenses = $447 cash flow
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,831
Downpayment
20%
$32,220
Closing costs
1%
$1,611
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,836
Total Expenses
$2,389
Mortgage P&I
31%
$881
Property Taxes
3%
$99
Home Insurance
2%
$49
HOA
0%
$0
Property Management
15%
$425
CapEx
4%
$113
Vacancy
0%
$0
Maintenance
4%
$113
Other
25%
$709