This property might be a fair Airbnb investment with a projected 7.73% first-year return on $84,927 initial cash invested.
7.73%
Cash On Cash
8.96%
Cap Rate
1.45
DSCR
$4,713
Rent
$547
Cashflow
Cash Flow
$4,713 income − $4,166 expenses = $547 cash flow
Investment Breakdown
|
Purchase Price
$319k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,927
Downpayment
20%
$63,740
Closing costs
1%
$3,187
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,713
Total Expenses
$4,166
Mortgage P&I
35%
$1,643
Property Taxes
3%
$144
Home Insurance
2%
$116
HOA
0%
$0
Property Management
15%
$707
CapEx
4%
$189
Vacancy
0%
$0
Maintenance
4%
$189
Other
25%
$1,178