This property might be a fair Airbnb investment with a projected 0.48% first-year return on $86,943 initial cash invested.
0.48%
Cash On Cash
7.45%
Cap Rate
1.11
DSCR
$4,384
Rent
$35
Cashflow
Cash Flow
$4,384 income − $4,349 expenses = $35 cash flow
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,943
Downpayment
20%
$65,660
Closing costs
1%
$3,283
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,384
Total Expenses
$4,349
Mortgage P&I
42%
$1,827
Property Taxes
7%
$301
Home Insurance
3%
$117
HOA
0%
$0
Property Management
15%
$658
CapEx
4%
$175
Vacancy
0%
$0
Maintenance
4%
$175
Other
25%
$1,096