This property might be a fair Airbnb investment with a projected 0.26% first-year return on $65,628 initial cash invested.
0.26%
Cash On Cash
7.23%
Cap Rate
1.1
DSCR
$2,846
Rent
$14
Cashflow
Cash Flow
$2,846 income − $2,832 expenses = $14 cash flow
Investment Breakdown
|
Purchase Price
$227k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,628
Downpayment
20%
$45,360
Closing costs
1%
$2,268
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,846
Total Expenses
$2,832
Mortgage P&I
44%
$1,238
Property Taxes
5%
$145
Home Insurance
3%
$82
HOA
0%
$0
Property Management
15%
$427
CapEx
4%
$114
Vacancy
0%
$0
Maintenance
4%
$114
Other
25%
$712