This property might be a fair Airbnb investment with a projected 0.81% first-year return on $83,100 initial cash invested.
0.81%
Cash On Cash
7.36%
Cap Rate
1.13
DSCR
$4,145
Rent
$56
Cashflow
Cash Flow
$4,145 income − $4,089 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$310k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,100
Downpayment
20%
$62,000
Closing costs
1%
$3,100
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,145
Total Expenses
$4,089
Mortgage P&I
41%
$1,680
Property Taxes
7%
$291
Home Insurance
3%
$108
HOA
0%
$20
Property Management
15%
$622
CapEx
4%
$166
Vacancy
0%
$0
Maintenance
4%
$166
Other
25%
$1,036