This property might be a fair Airbnb investment with a projected 1.58% first-year return on $65,208 initial cash invested.
1.58%
Cash On Cash
7.6%
Cap Rate
1.17
DSCR
$3,056
Rent
$86
Cashflow
Cash Flow
$3,056 income − $2,970 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,208
Downpayment
20%
$44,960
Closing costs
1%
$2,248
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,056
Total Expenses
$2,970
Mortgage P&I
40%
$1,215
Property Taxes
7%
$214
Home Insurance
2%
$75
HOA
0%
$0
Property Management
15%
$458
CapEx
4%
$122
Vacancy
0%
$0
Maintenance
4%
$122
Other
25%
$764