This property might be a fair Airbnb investment with a projected 0.53% first-year return on $72,768 initial cash invested.
0.53%
Cash On Cash
7.66%
Cap Rate
1.11
DSCR
$3,376
Rent
$32
Cashflow
Cash Flow
$3,376 income − $3,344 expenses = $32 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,768
Downpayment
20%
$52,160
Closing costs
1%
$2,608
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,344
Mortgage P&I
44%
$1,498
Property Taxes
5%
$161
Home Insurance
2%
$65
HOA
0%
$0
Property Management
15%
$506
CapEx
4%
$135
Vacancy
0%
$0
Maintenance
4%
$135
Other
25%
$844