This property might be a fair Airbnb investment with a projected 3.64% first-year return on $49,500 initial cash invested.
3.64%
Cash On Cash
8.5%
Cap Rate
1.29
DSCR
$2,233
Rent
$150
Cashflow
Cash Flow
$2,233 income − $2,083 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,233
Total Expenses
$2,083
Mortgage P&I
37%
$824
Property Taxes
6%
$136
Home Insurance
2%
$52
HOA
0%
$0
Property Management
15%
$335
CapEx
4%
$89
Vacancy
0%
$0
Maintenance
4%
$89
Other
25%
$558