This property might be a fair Airbnb investment with a projected 1.1% first-year return on $54,498 initial cash invested.
1.1%
Cash On Cash
7.36%
Cap Rate
1.15
DSCR
$2,205
Rent
$50
Cashflow
Cash Flow
$2,205 income − $2,155 expenses = $50 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,498
Downpayment
20%
$34,760
Closing costs
1%
$1,738
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,205
Total Expenses
$2,155
Mortgage P&I
42%
$928
Property Taxes
5%
$101
Home Insurance
3%
$68
HOA
0%
$0
Property Management
15%
$331
CapEx
4%
$88
Vacancy
0%
$0
Maintenance
4%
$88
Other
25%
$551