This property might be a fair Airbnb investment with a projected 3.89% first-year return on $55,800 initial cash invested.
3.89%
Cash On Cash
8.63%
Cap Rate
1.28
DSCR
$2,612
Rent
$181
Cashflow
Cash Flow
$2,612 income − $2,431 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,800
Downpayment
20%
$36,000
Closing costs
1%
$1,800
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,612
Total Expenses
$2,431
Mortgage P&I
39%
$1,009
Property Taxes
4%
$106
Home Insurance
2%
$63
HOA
0%
$0
Property Management
15%
$392
CapEx
4%
$104
Vacancy
0%
$0
Maintenance
4%
$104
Other
25%
$653