This property could be a profitable Airbnb investment with a projected 21.99% first-year return on $38,685 initial cash invested.
21.99%
Cash On Cash
16.76%
Cap Rate
2.5
DSCR
$2,916
Rent
$709
Cashflow
Cash Flow
$2,916 income − $2,207 expenses = $709 cash flow
Investment Breakdown
|
Purchase Price
$98,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,685
Downpayment
20%
$19,700
Closing costs
1%
$985
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$2,916
Total Expenses
$2,207
Mortgage P&I
19%
$550
Property Taxes
7%
$210
Home Insurance
2%
$47
HOA
0%
$0
Property Management
15%
$437
CapEx
4%
$117
Vacancy
0%
$0
Maintenance
4%
$117
Other
25%
$729