This property could be a profitable Airbnb investment with a projected 34.39% first-year return on $27,849 initial cash invested.
34.39%
Cash On Cash
29.58%
Cap Rate
4.3
DSCR
$2,213
Rent
$798
Cashflow
Cash Flow
$2,213 income − $1,415 expenses = $798 cash flow
Investment Breakdown
|
Purchase Price
$46,900
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,849
Downpayment
20%
$9,380
Closing costs
1%
$469
Rehab
0%
$0
Furnishing
38%
$18,000
Cashflow
Total Income
$2,213
Total Expenses
$1,415
Mortgage P&I
12%
$269
Property Taxes
3%
$67
Home Insurance
1%
$16
HOA
0%
$0
Property Management
15%
$332
CapEx
4%
$89
Vacancy
0%
$0
Maintenance
4%
$89
Other
25%
$553