This property could be a profitable Airbnb investment with a projected 10.05% first-year return on $56,241 initial cash invested.
10.05%
Cash On Cash
10.04%
Cap Rate
1.65
DSCR
$3,177
Rent
$471
Cashflow
Cash Flow
$3,177 income − $2,706 expenses = $471 cash flow
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,241
Downpayment
20%
$36,420
Closing costs
1%
$1,821
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$2,706
Mortgage P&I
29%
$925
Property Taxes
6%
$193
Home Insurance
2%
$63
HOA
0%
$0
Property Management
15%
$477
CapEx
4%
$127
Vacancy
0%
$0
Maintenance
4%
$127
Other
25%
$794