This property could be a profitable Airbnb investment with a projected 14.54% first-year return on $55,695 initial cash invested.
14.54%
Cash On Cash
11.97%
Cap Rate
1.84
DSCR
$3,508
Rent
$675
Cashflow
Cash Flow
$3,508 income − $2,833 expenses = $675 cash flow
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,695
Downpayment
20%
$35,900
Closing costs
1%
$1,795
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,508
Total Expenses
$2,833
Mortgage P&I
28%
$975
Property Taxes
3%
$110
Home Insurance
2%
$65
HOA
0%
$0
Property Management
15%
$526
CapEx
4%
$140
Vacancy
0%
$0
Maintenance
4%
$140
Other
25%
$877