This property might be a fair Airbnb investment with a projected 4.9% first-year return on $86,712 initial cash invested.
4.9%
Cash On Cash
8.06%
Cap Rate
1.32
DSCR
$4,424
Rent
$354
Cashflow
Cash Flow
$4,424 income − $4,070 expenses = $354 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,712
Downpayment
20%
$65,440
Closing costs
1%
$3,272
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,424
Total Expenses
$4,070
Mortgage P&I
38%
$1,666
Property Taxes
4%
$159
Home Insurance
3%
$121
HOA
0%
$0
Property Management
15%
$664
CapEx
4%
$177
Vacancy
0%
$0
Maintenance
4%
$177
Other
25%
$1,106