This property might be a fair Airbnb investment with a projected 0.42% first-year return on $68,694 initial cash invested.
0.42%
Cash On Cash
7.09%
Cap Rate
1.1
DSCR
$2,706
Rent
$24
Cashflow
Cash Flow
$2,706 income − $2,682 expenses = $24 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,694
Downpayment
20%
$48,280
Closing costs
1%
$2,414
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,706
Total Expenses
$2,682
Mortgage P&I
48%
$1,295
Property Taxes
0%
$1
Home Insurance
3%
$88
HOA
0%
$0
Property Management
15%
$406
CapEx
4%
$108
Vacancy
0%
$0
Maintenance
4%
$108
Other
25%
$676