This property might be a fair Airbnb investment with a projected 0.04% first-year return on $62,142 initial cash invested.
0.04%
Cash On Cash
7.06%
Cap Rate
1.09
DSCR
$2,557
Rent
$2
Cashflow
Cash Flow
$2,557 income − $2,555 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,142
Downpayment
20%
$42,040
Closing costs
1%
$2,102
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,557
Total Expenses
$2,555
Mortgage P&I
44%
$1,132
Property Taxes
4%
$114
Home Insurance
3%
$82
HOA
0%
$0
Property Management
15%
$384
CapEx
4%
$102
Vacancy
0%
$0
Maintenance
4%
$102
Other
25%
$639