This property could be a profitable Airbnb investment with a projected 22.11% first-year return on $158k initial cash invested.
22.11%
Cash On Cash
12.77%
Cap Rate
1.95
DSCR
$13,461
Rent
$2,905
Cashflow
Cash Flow
$13,461 income − $10,556 expenses = $2,905 cash flow
Investment Breakdown
|
Purchase Price
$665k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$158k
Downpayment
20%
$133k
Closing costs
1%
$6,650
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$13,461
Total Expenses
$10,556
Mortgage P&I
27%
$3,635
Property Taxes
2%
$228
Home Insurance
2%
$233
HOA
0%
$0
Property Management
15%
$2,019
CapEx
4%
$538
Vacancy
0%
$0
Maintenance
4%
$538
Other
25%
$3,365