This property could be a profitable Airbnb investment with a projected 12.5% first-year return on $46,161 initial cash invested.
12.5%
Cash On Cash
11.78%
Cap Rate
1.84
DSCR
$2,966
Rent
$481
Cashflow
Cash Flow
$2,966 income − $2,485 expenses = $481 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,161
Downpayment
20%
$26,820
Closing costs
1%
$1,341
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,966
Total Expenses
$2,485
Mortgage P&I
24%
$716
Property Taxes
10%
$283
Home Insurance
2%
$61
HOA
0%
$0
Property Management
15%
$445
CapEx
4%
$119
Vacancy
0%
$0
Maintenance
4%
$119
Other
25%
$742