This property could be a profitable Airbnb investment with a projected 14.78% first-year return on $36,060 initial cash invested.
14.78%
Cash On Cash
13.52%
Cap Rate
2.15
DSCR
$1,867
Rent
$444
Cashflow
Cash Flow
$1,867 income − $1,423 expenses = $444 cash flow
Investment Breakdown
|
Purchase Price
$86,000
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,060
Downpayment
20%
$17,200
Closing costs
1%
$860
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$1,867
Total Expenses
$1,423
Mortgage P&I
24%
$450
Property Taxes
2%
$46
Home Insurance
2%
$30
HOA
0%
$0
Property Management
15%
$280
CapEx
4%
$75
Vacancy
0%
$0
Maintenance
4%
$75
Other
25%
$467