This property might be a fair Airbnb investment with a projected 3.09% first-year return on $45,468 initial cash invested.
3.09%
Cash On Cash
7.97%
Cap Rate
1.27
DSCR
$1,707
Rent
$117
Cashflow
Cash Flow
$1,707 income − $1,590 expenses = $117 cash flow
Investment Breakdown
|
Purchase Price
$131k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,468
Downpayment
20%
$26,160
Closing costs
1%
$1,308
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,707
Total Expenses
$1,590
Mortgage P&I
40%
$684
Property Taxes
0%
$2
Home Insurance
5%
$85
HOA
0%
$0
Property Management
15%
$256
CapEx
4%
$68
Vacancy
0%
$0
Maintenance
4%
$68
Other
25%
$427