This property could be a profitable Airbnb investment with a projected 12.68% first-year return on $53,279 initial cash invested.
12.68%
Cash On Cash
11.38%
Cap Rate
1.78
DSCR
$3,390
Rent
$563
Cashflow
Cash Flow
$3,390 income − $2,827 expenses = $563 cash flow
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,279
Downpayment
20%
$33,599
Closing costs
1%
$1,680
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,390
Total Expenses
$2,827
Mortgage P&I
26%
$894
Property Taxes
7%
$246
Home Insurance
2%
$59
HOA
0%
$0
Property Management
15%
$508
CapEx
4%
$136
Vacancy
0%
$0
Maintenance
4%
$136
Other
25%
$848