This property might be a fair Airbnb investment with a projected 0.2% first-year return on $60,000 initial cash invested.
0.2%
Cash On Cash
7.16%
Cap Rate
1.1
DSCR
$2,544
Rent
$10
Cashflow
Cash Flow
$2,544 income − $2,534 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,000
Downpayment
20%
$40,000
Closing costs
1%
$2,000
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,544
Total Expenses
$2,534
Mortgage P&I
42%
$1,081
Property Taxes
6%
$161
Home Insurance
3%
$70
HOA
0%
$0
Property Management
15%
$382
CapEx
4%
$102
Vacancy
0%
$0
Maintenance
4%
$102
Other
25%
$636