This property could be a profitable Airbnb investment with a projected 10.34% first-year return on $67,434 initial cash invested.
10.34%
Cash On Cash
10.42%
Cap Rate
1.59
DSCR
$4,383
Rent
$581
Cashflow
Cash Flow
$4,383 income − $3,802 expenses = $581 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,434
Downpayment
20%
$47,080
Closing costs
1%
$2,354
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,383
Total Expenses
$3,802
Mortgage P&I
29%
$1,289
Property Taxes
7%
$308
Home Insurance
2%
$102
HOA
0%
$0
Property Management
15%
$657
CapEx
4%
$175
Vacancy
0%
$0
Maintenance
4%
$175
Other
25%
$1,096