This property might be a fair Airbnb investment with a projected 1.44% first-year return on $59,958 initial cash invested.
1.44%
Cash On Cash
7.78%
Cap Rate
1.16
DSCR
$2,590
Rent
$72
Cashflow
Cash Flow
$2,590 income − $2,518 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,958
Downpayment
20%
$39,960
Closing costs
1%
$1,998
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,590
Total Expenses
$2,518
Mortgage P&I
43%
$1,119
Property Taxes
3%
$73
Home Insurance
3%
$82
HOA
0%
$0
Property Management
15%
$388
CapEx
4%
$104
Vacancy
0%
$0
Maintenance
4%
$104
Other
25%
$648