This property might be a fair Airbnb investment with a projected 0.68% first-year return on $51,453 initial cash invested.
0.68%
Cash On Cash
7.04%
Cap Rate
1.14
DSCR
$2,074
Rent
$29
Cashflow
Cash Flow
$2,074 income − $2,045 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,453
Downpayment
20%
$31,860
Closing costs
1%
$1,593
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,074
Total Expenses
$2,045
Mortgage P&I
40%
$823
Property Taxes
5%
$108
Home Insurance
6%
$119
HOA
0%
$0
Property Management
15%
$311
CapEx
4%
$83
Vacancy
0%
$0
Maintenance
4%
$83
Other
25%
$518