This property might be a fair Airbnb investment with a projected 3.92% first-year return on $79,950 initial cash invested.
3.92%
Cash On Cash
7.98%
Cap Rate
1.28
DSCR
$4,141
Rent
$261
Cashflow
Cash Flow
$4,141 income − $3,880 expenses = $261 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,141
Total Expenses
$3,880
Mortgage P&I
37%
$1,534
Property Taxes
6%
$255
Home Insurance
2%
$103
HOA
0%
$0
Property Management
15%
$621
CapEx
4%
$166
Vacancy
0%
$0
Maintenance
4%
$166
Other
25%
$1,035