This property could be a profitable Airbnb investment with a projected 12.11% first-year return on $102k initial cash invested.
12.11%
Cash On Cash
11.07%
Cap Rate
1.79
DSCR
$6,171
Rent
$1,027
Cashflow
Cash Flow
$6,171 income − $5,144 expenses = $1,027 cash flow
Investment Breakdown
|
Purchase Price
$313k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$62,660
Closing costs
1%
$3,133
Rehab
0%
$0
Furnishing
11%
$36,000
Cashflow
Total Income
$6,171
Total Expenses
$5,144
Mortgage P&I
26%
$1,615
Property Taxes
7%
$456
Home Insurance
2%
$110
HOA
0%
$0
Property Management
15%
$926
CapEx
4%
$247
Vacancy
0%
$0
Maintenance
4%
$247
Other
25%
$1,543