This property could be a profitable Airbnb investment with a projected 16.23% first-year return on $51,600 initial cash invested.
16.23%
Cash On Cash
12.84%
Cap Rate
1.94
DSCR
$3,252
Rent
$698
Cashflow
Cash Flow
$3,252 income − $2,554 expenses = $698 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,600
Downpayment
20%
$32,000
Closing costs
1%
$1,600
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,252
Total Expenses
$2,554
Mortgage P&I
27%
$884
Property Taxes
2%
$53
Home Insurance
2%
$56
HOA
0%
$0
Property Management
15%
$488
CapEx
4%
$130
Vacancy
0%
$0
Maintenance
4%
$130
Other
25%
$813