This property might be a fair Airbnb investment with a projected 1.64% first-year return on $67,518 initial cash invested.
1.64%
Cash On Cash
7.75%
Cap Rate
1.17
DSCR
$3,119
Rent
$92
Cashflow
Cash Flow
$3,119 income − $3,027 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,518
Downpayment
20%
$47,160
Closing costs
1%
$2,358
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,119
Total Expenses
$3,027
Mortgage P&I
42%
$1,306
Property Taxes
4%
$138
Home Insurance
3%
$85
HOA
0%
$0
Property Management
15%
$468
CapEx
4%
$125
Vacancy
0%
$0
Maintenance
4%
$125
Other
25%
$780