This property might be a fair Airbnb investment with a projected 0.45% first-year return on $88,413 initial cash invested.
0.45%
Cash On Cash
7.33%
Cap Rate
1.11
DSCR
$4,406
Rent
$33
Cashflow
Cash Flow
$4,406 income − $4,373 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$335k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,413
Downpayment
20%
$67,060
Closing costs
1%
$3,353
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,406
Total Expenses
$4,373
Mortgage P&I
42%
$1,838
Property Taxes
7%
$306
Home Insurance
3%
$114
HOA
0%
$0
Property Management
15%
$661
CapEx
4%
$176
Vacancy
0%
$0
Maintenance
4%
$176
Other
25%
$1,102