This property could be a profitable Airbnb investment with a projected 60.97% first-year return on $31,650 initial cash invested.
60.97%
Cash On Cash
38.77%
Cap Rate
6.19
DSCR
$3,823
Rent
$1,608
Cashflow
Cash Flow
$3,823 income − $2,215 expenses = $1,608 cash flow
Investment Breakdown
|
Purchase Price
$65,000
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,650
Downpayment
20%
$13,000
Closing costs
1%
$650
Rehab
0%
$0
Furnishing
28%
$18,000
Cashflow
Total Income
$3,823
Total Expenses
$2,215
Mortgage P&I
9%
$339
Property Taxes
0%
$18
Home Insurance
1%
$23
HOA
0%
$0
Property Management
15%
$573
CapEx
4%
$153
Vacancy
0%
$0
Maintenance
4%
$153
Other
25%
$956