This property might be a fair Airbnb investment with a projected 3.86% first-year return on $49,479 initial cash invested.
3.86%
Cash On Cash
8.58%
Cap Rate
1.29
DSCR
$2,121
Rent
$159
Cashflow
Cash Flow
$2,121 income − $1,962 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$2,121
Total Expenses
$1,962
Mortgage P&I
39%
$828
Property Taxes
3%
$64
Home Insurance
2%
$52
HOA
0%
$0
Property Management
15%
$318
CapEx
4%
$85
Vacancy
0%
$0
Maintenance
4%
$85
Other
25%
$530