This property might be a fair Airbnb investment with a projected 9.65% first-year return on $44,250 initial cash invested.
9.65%
Cash On Cash
10.82%
Cap Rate
1.65
DSCR
$2,231
Rent
$356
Cashflow
Cash Flow
$2,231 income − $1,875 expenses = $356 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,231
Total Expenses
$1,875
Mortgage P&I
31%
$682
Property Taxes
4%
$78
Home Insurance
2%
$44
HOA
0%
$0
Property Management
15%
$335
CapEx
4%
$89
Vacancy
0%
$0
Maintenance
4%
$89
Other
25%
$558