This property could be a profitable Airbnb investment with a projected 13.75% first-year return on $48,261 initial cash invested.
13.75%
Cash On Cash
12.32%
Cap Rate
1.84
DSCR
$3,033
Rent
$553
Cashflow
Cash Flow
$3,033 income − $2,480 expenses = $553 cash flow
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,261
Downpayment
20%
$28,820
Closing costs
1%
$1,441
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,033
Total Expenses
$2,480
Mortgage P&I
27%
$805
Property Taxes
6%
$168
Home Insurance
2%
$52
HOA
0%
$0
Property Management
15%
$455
CapEx
4%
$121
Vacancy
0%
$0
Maintenance
4%
$121
Other
25%
$758