This property might be a fair Airbnb investment with a projected 0.56% first-year return on $70,500 initial cash invested.
0.56%
Cash On Cash
6.87%
Cap Rate
1.11
DSCR
$2,828
Rent
$33
Cashflow
Cash Flow
$2,828 income − $2,795 expenses = $33 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,828
Total Expenses
$2,795
Mortgage P&I
45%
$1,285
Property Taxes
2%
$65
Home Insurance
3%
$88
HOA
0%
$0
Property Management
15%
$424
CapEx
4%
$113
Vacancy
0%
$0
Maintenance
4%
$113
Other
25%
$707