This property might be a fair Airbnb investment with a projected 1.17% first-year return on $75,750 initial cash invested.
1.17%
Cash On Cash
7.51%
Cap Rate
1.14
DSCR
$3,435
Rent
$74
Cashflow
Cash Flow
$3,435 income − $3,361 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,435
Total Expenses
$3,361
Mortgage P&I
44%
$1,510
Property Taxes
3%
$107
Home Insurance
3%
$96
HOA
0%
$0
Property Management
15%
$515
CapEx
4%
$137
Vacancy
0%
$0
Maintenance
4%
$137
Other
25%
$859