This property might be a fair Airbnb investment with a projected 9.73% first-year return on $48,450 initial cash invested.
9.73%
Cash On Cash
10.52%
Cap Rate
1.64
DSCR
$2,518
Rent
$393
Cashflow
Cash Flow
$2,518 income − $2,125 expenses = $393 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,518
Total Expenses
$2,125
Mortgage P&I
31%
$777
Property Taxes
3%
$87
Home Insurance
2%
$51
HOA
0%
$0
Property Management
15%
$378
CapEx
4%
$101
Vacancy
0%
$0
Maintenance
4%
$101
Other
25%
$630