This property could be a profitable Airbnb investment with a projected 11.2% first-year return on $65,250 initial cash invested.
11.2%
Cash On Cash
10.54%
Cap Rate
1.64
DSCR
$4,041
Rent
$609
Cashflow
Cash Flow
$4,041 income − $3,432 expenses = $609 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,250
Downpayment
20%
$45,000
Closing costs
1%
$2,250
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,041
Total Expenses
$3,432
Mortgage P&I
30%
$1,205
Property Taxes
5%
$206
Home Insurance
2%
$81
HOA
0%
$0
Property Management
15%
$606
CapEx
4%
$162
Vacancy
0%
$0
Maintenance
4%
$162
Other
25%
$1,010