This property might be a fair Airbnb investment with a projected 0.22% first-year return on $44,460 initial cash invested.
0.22%
Cash On Cash
7.32%
Cap Rate
1.1
DSCR
$1,510
Rent
$8
Cashflow
Cash Flow
$1,510 income − $1,502 expenses = $8 cash flow
Investment Breakdown
|
Purchase Price
$126k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,460
Downpayment
20%
$25,200
Closing costs
1%
$1,260
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,510
Total Expenses
$1,502
Mortgage P&I
46%
$701
Property Taxes
2%
$33
Home Insurance
3%
$44
HOA
0%
$0
Property Management
15%
$226
CapEx
4%
$60
Vacancy
0%
$0
Maintenance
4%
$60
Other
25%
$378