This property could be a profitable Airbnb investment with a projected 14.37% first-year return on $88,707 initial cash invested.
14.37%
Cash On Cash
11.03%
Cap Rate
1.73
DSCR
$6,078
Rent
$1,062
Cashflow
Cash Flow
$6,078 income − $5,016 expenses = $1,062 cash flow
Investment Breakdown
|
Purchase Price
$337k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,707
Downpayment
20%
$67,340
Closing costs
1%
$3,367
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$6,078
Total Expenses
$5,016
Mortgage P&I
29%
$1,790
Property Taxes
3%
$192
Home Insurance
2%
$116
HOA
0%
$0
Property Management
15%
$912
CapEx
4%
$243
Vacancy
0%
$0
Maintenance
4%
$243
Other
25%
$1,520