This property might be a fair Airbnb investment with a projected 1.68% first-year return on $40,050 initial cash invested.
1.68%
Cash On Cash
8.32%
Cap Rate
1.23
DSCR
$1,985
Rent
$56
Cashflow
Cash Flow
$1,985 income − $1,929 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,050
Downpayment
20%
$21,000
Closing costs
1%
$1,050
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$1,985
Total Expenses
$1,929
Mortgage P&I
30%
$593
Property Taxes
17%
$347
Home Insurance
2%
$37
HOA
0%
$0
Property Management
15%
$298
CapEx
4%
$79
Vacancy
0%
$0
Maintenance
4%
$79
Other
25%
$496