This property might be a fair Airbnb investment with a projected 1.91% first-year return on $65,292 initial cash invested.
1.91%
Cash On Cash
7.67%
Cap Rate
1.18
DSCR
$2,962
Rent
$104
Cashflow
Cash Flow
$2,962 income − $2,858 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$225k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,292
Downpayment
20%
$45,040
Closing costs
1%
$2,252
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,962
Total Expenses
$2,858
Mortgage P&I
41%
$1,217
Property Taxes
5%
$141
Home Insurance
3%
$80
HOA
0%
$0
Property Management
15%
$444
CapEx
4%
$118
Vacancy
0%
$0
Maintenance
4%
$118
Other
25%
$740