This property could be a profitable Airbnb investment with a projected 13% first-year return on $48,093 initial cash invested.
13%
Cash On Cash
11.82%
Cap Rate
1.81
DSCR
$2,716
Rent
$521
Cashflow
Cash Flow
$2,716 income − $2,195 expenses = $521 cash flow
Investment Breakdown
|
Purchase Price
$143k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,093
Downpayment
20%
$28,660
Closing costs
1%
$1,433
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,716
Total Expenses
$2,195
Mortgage P&I
29%
$782
Property Taxes
2%
$51
Home Insurance
2%
$58
HOA
0%
$0
Property Management
15%
$407
CapEx
4%
$109
Vacancy
0%
$0
Maintenance
4%
$109
Other
25%
$679