This property could be a profitable Airbnb investment with a projected 25.7% first-year return on $44,964 initial cash invested.
25.7%
Cash On Cash
16.9%
Cap Rate
2.6
DSCR
$3,736
Rent
$963
Cashflow
Cash Flow
$3,736 income − $2,773 expenses = $963 cash flow
Investment Breakdown
|
Purchase Price
$128k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,964
Downpayment
20%
$25,680
Closing costs
1%
$1,284
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,736
Total Expenses
$2,773
Mortgage P&I
19%
$696
Property Taxes
6%
$208
Home Insurance
2%
$77
HOA
0%
$0
Property Management
15%
$560
CapEx
4%
$149
Vacancy
0%
$0
Maintenance
4%
$149
Other
25%
$934