This property might be a fair Airbnb investment with a projected 9.73% first-year return on $38,979 initial cash invested.
9.73%
Cash On Cash
11.06%
Cap Rate
1.74
DSCR
$1,916
Rent
$316
Cashflow
Cash Flow
$1,916 income − $1,600 expenses = $316 cash flow
Investment Breakdown
|
Purchase Price
$99,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,979
Downpayment
20%
$19,980
Closing costs
1%
$999
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$1,916
Total Expenses
$1,600
Mortgage P&I
28%
$528
Property Taxes
6%
$117
Home Insurance
2%
$35
HOA
0%
$0
Property Management
15%
$287
CapEx
4%
$77
Vacancy
0%
$0
Maintenance
4%
$77
Other
25%
$479