This property could be a profitable Airbnb investment with a projected 15.61% first-year return on $32,679 initial cash invested.
15.61%
Cash On Cash
15.36%
Cap Rate
2.28
DSCR
$1,947
Rent
$425
Cashflow
Cash Flow
$1,947 income − $1,522 expenses = $425 cash flow
Investment Breakdown
|
Purchase Price
$69,900
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,679
Downpayment
20%
$13,980
Closing costs
1%
$699
Rehab
0%
$0
Furnishing
26%
$18,000
Cashflow
Total Income
$1,947
Total Expenses
$1,522
Mortgage P&I
20%
$392
Property Taxes
9%
$171
Home Insurance
1%
$24
HOA
0%
$0
Property Management
15%
$292
CapEx
4%
$78
Vacancy
0%
$0
Maintenance
4%
$78
Other
25%
$487