This property could be a profitable Airbnb investment with a projected 15.55% first-year return on $25,161 initial cash invested.
15.55%
Cash On Cash
20.27%
Cap Rate
3.02
DSCR
$1,476
Rent
$326
Cashflow
Cash Flow
$1,476 income − $1,150 expenses = $326 cash flow
Investment Breakdown
|
Purchase Price
$34,100
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$25,161
Downpayment
20%
$6,820
Closing costs
1%
$341
Rehab
0%
$0
Furnishing
53%
$18,000
Cashflow
Total Income
$1,476
Total Expenses
$1,150
Mortgage P&I
13%
$191
Property Taxes
12%
$182
Home Insurance
5%
$69
HOA
0%
$0
Property Management
15%
$221
CapEx
4%
$59
Vacancy
0%
$0
Maintenance
4%
$59
Other
25%
$369