This property could be a profitable Airbnb investment with a projected 30.35% first-year return on $33,729 initial cash invested.
30.35%
Cash On Cash
21.93%
Cap Rate
3.44
DSCR
$2,942
Rent
$853
Cashflow
Cash Flow
$2,942 income − $2,089 expenses = $853 cash flow
Investment Breakdown
|
Purchase Price
$74,900
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,729
Downpayment
20%
$14,980
Closing costs
1%
$749
Rehab
0%
$0
Furnishing
24%
$18,000
Cashflow
Total Income
$2,942
Total Expenses
$2,089
Mortgage P&I
14%
$398
Property Taxes
9%
$252
Home Insurance
1%
$26
HOA
0%
$0
Property Management
15%
$441
CapEx
4%
$118
Vacancy
0%
$0
Maintenance
4%
$118
Other
25%
$736