This property could be a profitable Airbnb investment with a projected 31.16% first-year return on $40,050 initial cash invested.
31.16%
Cash On Cash
20.24%
Cap Rate
3
DSCR
$3,508
Rent
$1,040
Cashflow
Cash Flow
$3,508 income − $2,468 expenses = $1,040 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
$3,508
Total Expenses
$2,468
Mortgage P&I
17%
$591
Property Taxes
4%
$157
Home Insurance
1%
$37
HOA
0%
$0
Property Management
15%
$526
CapEx
4%
$140
Vacancy
0%
$0
Maintenance
4%
$140
Other
25%
$877