This property might be a fair Airbnb investment with a projected 4.72% first-year return on $60,735 initial cash invested.
4.72%
Cash On Cash
8.78%
Cap Rate
1.32
DSCR
$3,063
Rent
$239
Cashflow
Cash Flow
$3,063 income − $2,824 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,735
Downpayment
20%
$40,700
Closing costs
1%
$2,035
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,063
Total Expenses
$2,824
Mortgage P&I
37%
$1,127
Property Taxes
5%
$138
Home Insurance
3%
$88
HOA
0%
$0
Property Management
15%
$459
CapEx
4%
$123
Vacancy
0%
$0
Maintenance
4%
$123
Other
25%
$766