This property might be a fair Airbnb investment with a projected 9.86% first-year return on $63,318 initial cash invested.
9.86%
Cash On Cash
10.06%
Cap Rate
1.58
DSCR
$3,663
Rent
$520
Cashflow
Cash Flow
$3,663 income − $3,143 expenses = $520 cash flow
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,318
Downpayment
20%
$43,160
Closing costs
1%
$2,158
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,663
Total Expenses
$3,143
Mortgage P&I
31%
$1,142
Property Taxes
4%
$164
Home Insurance
2%
$78
HOA
0%
$0
Property Management
15%
$549
CapEx
4%
$147
Vacancy
0%
$0
Maintenance
4%
$147
Other
25%
$916