This property could be a profitable Airbnb investment with a projected 12.93% first-year return on $75,351 initial cash invested.
12.93%
Cash On Cash
10.95%
Cap Rate
1.67
DSCR
$4,781
Rent
$812
Cashflow
Cash Flow
$4,781 income − $3,969 expenses = $812 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,351
Downpayment
20%
$54,620
Closing costs
1%
$2,731
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,781
Total Expenses
$3,969
Mortgage P&I
31%
$1,490
Property Taxes
1%
$63
Home Insurance
3%
$122
HOA
0%
$0
Property Management
15%
$717
CapEx
4%
$191
Vacancy
0%
$0
Maintenance
4%
$191
Other
25%
$1,195