This property might be a fair Airbnb investment with a projected 9.07% first-year return on $34,128 initial cash invested.
9.07%
Cash On Cash
11.98%
Cap Rate
1.75
DSCR
$1,786
Rent
$258
Cashflow
Cash Flow
$1,786 income − $1,528 expenses = $258 cash flow
Investment Breakdown
|
Purchase Price
$76,800
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,128
Downpayment
20%
$15,360
Closing costs
1%
$768
Rehab
0%
$0
Furnishing
23%
$18,000
Cashflow
Total Income
$1,786
Total Expenses
$1,528
Mortgage P&I
25%
$438
Property Taxes
13%
$225
Home Insurance
1%
$9
HOA
0%
$0
Property Management
15%
$268
CapEx
4%
$71
Vacancy
0%
$0
Maintenance
4%
$71
Other
25%
$446