This property could be a profitable Airbnb investment with a projected 12.69% first-year return on $55,884 initial cash invested.
12.69%
Cash On Cash
11.5%
Cap Rate
1.73
DSCR
$3,530
Rent
$591
Cashflow
Cash Flow
$3,530 income − $2,939 expenses = $591 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,884
Downpayment
20%
$36,080
Closing costs
1%
$1,804
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$2,939
Mortgage P&I
28%
$997
Property Taxes
5%
$169
Home Insurance
2%
$79
HOA
0%
$0
Property Management
15%
$530
CapEx
4%
$141
Vacancy
0%
$0
Maintenance
4%
$141
Other
25%
$882