This property could be a profitable Airbnb investment with a projected 18.42% first-year return on $35,829 initial cash invested.
18.42%
Cash On Cash
15.56%
Cap Rate
2.37
DSCR
$2,185
Rent
$550
Cashflow
Cash Flow
$2,185 income − $1,635 expenses = $550 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$2,185
Total Expenses
$1,635
Mortgage P&I
21%
$464
Property Taxes
4%
$93
Home Insurance
1%
$30
HOA
0%
$0
Property Management
15%
$328
CapEx
4%
$87
Vacancy
0%
$0
Maintenance
4%
$87
Other
25%
$546