This property could be a profitable Airbnb investment with a projected 23.52% first-year return on $77,598 initial cash invested.
23.52%
Cash On Cash
13.72%
Cap Rate
2.21
DSCR
$6,415
Rent
$1,521
Cashflow
Cash Flow
$6,415 income − $4,894 expenses = $1,521 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,598
Downpayment
20%
$56,760
Closing costs
1%
$2,838
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$6,415
Total Expenses
$4,894
Mortgage P&I
23%
$1,466
Property Taxes
3%
$218
Home Insurance
2%
$117
HOA
0%
$13
Property Management
15%
$962
CapEx
4%
$257
Vacancy
0%
$0
Maintenance
4%
$257
Other
25%
$1,604