This property could be a profitable Airbnb investment with a projected 44.09% first-year return on $51,579 initial cash invested.
44.09%
Cash On Cash
22.59%
Cap Rate
3.4
DSCR
$5,774
Rent
$1,895
Cashflow
Cash Flow
$5,774 income − $3,879 expenses = $1,895 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$5,774
Total Expenses
$3,879
Mortgage P&I
15%
$884
Property Taxes
2%
$107
Home Insurance
1%
$56
HOA
1%
$60
Property Management
15%
$866
CapEx
4%
$231
Vacancy
0%
$0
Maintenance
4%
$231
Other
25%
$1,444