This property could be a profitable Airbnb investment with a projected 28.37% first-year return on $39,378 initial cash invested.
28.37%
Cash On Cash
18.9%
Cap Rate
2.97
DSCR
$3,298
Rent
$931
Cashflow
Cash Flow
$3,298 income − $2,367 expenses = $931 cash flow
Investment Breakdown
|
Purchase Price
$102k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,378
Downpayment
20%
$20,360
Closing costs
1%
$1,018
Rehab
0%
$0
Furnishing
18%
$18,000
Cashflow
Total Income
$3,298
Total Expenses
$2,367
Mortgage P&I
16%
$540
Property Taxes
6%
$188
Home Insurance
2%
$56
HOA
0%
$0
Property Management
15%
$495
CapEx
4%
$132
Vacancy
0%
$0
Maintenance
4%
$132
Other
25%
$824