This property could be a profitable Airbnb investment with a projected 39.58% first-year return on $27,440 initial cash invested.
39.58%
Cash On Cash
32.81%
Cap Rate
5.39
DSCR
$2,390
Rent
$905
Cashflow
Cash Flow
$2,390 income − $1,485 expenses = $905 cash flow
Investment Breakdown
|
Purchase Price
$44,950
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,440
Downpayment
20%
$8,990
Closing costs
1%
$450
Rehab
0%
$0
Furnishing
40%
$18,000
Cashflow
Total Income
$2,390
Total Expenses
$1,485
Mortgage P&I
10%
$228
Property Taxes
4%
$93
Home Insurance
1%
$16
HOA
0%
$0
Property Management
15%
$358
CapEx
4%
$96
Vacancy
0%
$0
Maintenance
4%
$96
Other
25%
$598