This property could be a profitable Airbnb investment with a projected 13.75% first-year return on $37,950 initial cash invested.
13.75%
Cash On Cash
12.64%
Cap Rate
2.08
DSCR
$2,105
Rent
$435
Cashflow
Cash Flow
$2,105 income − $1,670 expenses = $435 cash flow
Investment Breakdown
|
Purchase Price
$95,000
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,950
Downpayment
20%
$19,000
Closing costs
1%
$950
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,105
Total Expenses
$1,670
Mortgage P&I
23%
$482
Property Taxes
7%
$145
Home Insurance
2%
$33
HOA
0%
$0
Property Management
15%
$316
CapEx
4%
$84
Vacancy
0%
$0
Maintenance
4%
$84
Other
25%
$526