This property might be a fair Airbnb investment with a projected 2.89% first-year return on $81,000 initial cash invested.
2.89%
Cash On Cash
8.03%
Cap Rate
1.23
DSCR
$4,407
Rent
$195
Cashflow
Cash Flow
$4,407 income − $4,212 expenses = $195 cash flow
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,407
Total Expenses
$4,212
Mortgage P&I
37%
$1,636
Property Taxes
8%
$356
Home Insurance
2%
$105
HOA
0%
$0
Property Management
15%
$661
CapEx
4%
$176
Vacancy
0%
$0
Maintenance
4%
$176
Other
25%
$1,102