This property could be a profitable Airbnb investment with a projected 17.64% first-year return on $58,971 initial cash invested.
17.64%
Cash On Cash
12.95%
Cap Rate
1.95
DSCR
$4,023
Rent
$867
Cashflow
Cash Flow
$4,023 income − $3,156 expenses = $867 cash flow
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,971
Downpayment
20%
$39,020
Closing costs
1%
$1,951
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$4,023
Total Expenses
$3,156
Mortgage P&I
27%
$1,078
Property Taxes
2%
$87
Home Insurance
1%
$60
HOA
0%
$0
Property Management
15%
$603
CapEx
4%
$161
Vacancy
0%
$0
Maintenance
4%
$161
Other
25%
$1,006