This property might be a fair Airbnb investment with a projected 1.45% first-year return on $77,997 initial cash invested.
1.45%
Cash On Cash
7.41%
Cap Rate
1.15
DSCR
$3,392
Rent
$94
Cashflow
Cash Flow
$3,392 income − $3,298 expenses = $94 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,997
Downpayment
20%
$57,140
Closing costs
1%
$2,857
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,392
Total Expenses
$3,298
Mortgage P&I
45%
$1,534
Property Taxes
2%
$56
Home Insurance
2%
$79
HOA
0%
$0
Property Management
15%
$509
CapEx
4%
$136
Vacancy
0%
$0
Maintenance
4%
$136
Other
25%
$848