This property could be a profitable Airbnb investment with a projected 15.15% first-year return on $53,700 initial cash invested.
15.15%
Cash On Cash
12.2%
Cap Rate
1.89
DSCR
$3,345
Rent
$678
Cashflow
Cash Flow
$3,345 income − $2,667 expenses = $678 cash flow
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,345
Total Expenses
$2,667
Mortgage P&I
27%
$917
Property Taxes
3%
$84
Home Insurance
2%
$60
HOA
0%
$0
Property Management
15%
$502
CapEx
4%
$134
Vacancy
0%
$0
Maintenance
4%
$134
Other
25%
$836