This property might be a fair Airbnb investment with a projected 4.63% first-year return on $52,818 initial cash invested.
4.63%
Cash On Cash
8.82%
Cap Rate
1.34
DSCR
$2,646
Rent
$204
Cashflow
Cash Flow
$2,646 income − $2,442 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,818
Downpayment
20%
$33,160
Closing costs
1%
$1,658
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,646
Total Expenses
$2,442
Mortgage P&I
34%
$908
Property Taxes
6%
$167
Home Insurance
4%
$96
HOA
0%
$0
Property Management
15%
$397
CapEx
4%
$106
Vacancy
0%
$0
Maintenance
4%
$106
Other
25%
$662