This property might be a fair Airbnb investment with a projected 5.38% first-year return on $45,279 initial cash invested.
5.38%
Cash On Cash
9.37%
Cap Rate
1.39
DSCR
$2,023
Rent
$203
Cashflow
Cash Flow
$2,023 income − $1,820 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,023
Total Expenses
$1,820
Mortgage P&I
36%
$730
Property Taxes
4%
$73
Home Insurance
2%
$46
HOA
0%
$0
Property Management
15%
$303
CapEx
4%
$81
Vacancy
0%
$0
Maintenance
4%
$81
Other
25%
$506