This property could be a profitable Airbnb investment with a projected 12.11% first-year return on $29,529 initial cash invested.
12.11%
Cash On Cash
13.97%
Cap Rate
2.2
DSCR
$1,274
Rent
$298
Cashflow
Cash Flow
$1,274 income − $976 expenses = $298 cash flow
Investment Breakdown
|
Purchase Price
$54,900
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,529
Downpayment
20%
$10,980
Closing costs
1%
$549
Rehab
0%
$0
Furnishing
33%
$18,000
Cashflow
Total Income
$1,274
Total Expenses
$976
Mortgage P&I
23%
$290
Property Taxes
4%
$56
Home Insurance
1%
$19
HOA
0%
$0
Property Management
15%
$191
CapEx
4%
$51
Vacancy
0%
$0
Maintenance
4%
$51
Other
25%
$318