This property might be a fair Airbnb investment with a projected 2.56% first-year return on $46,350 initial cash invested.
2.56%
Cash On Cash
8.25%
Cap Rate
1.23
DSCR
$1,840
Rent
$99
Cashflow
Cash Flow
$1,840 income − $1,741 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,350
Downpayment
20%
$27,000
Closing costs
1%
$1,350
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,840
Total Expenses
$1,741
Mortgage P&I
41%
$755
Property Taxes
3%
$55
Home Insurance
3%
$47
HOA
0%
$0
Property Management
15%
$276
CapEx
4%
$74
Vacancy
0%
$0
Maintenance
4%
$74
Other
25%
$460