This property might be a fair Airbnb investment with a projected 0.04% first-year return on $80,727 initial cash invested.
0.04%
Cash On Cash
6.83%
Cap Rate
1.1
DSCR
$3,868
Rent
$3
Cashflow
Cash Flow
$3,868 income − $3,865 expenses = $3 cash flow
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,727
Downpayment
20%
$59,740
Closing costs
1%
$2,987
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,868
Total Expenses
$3,865
Mortgage P&I
40%
$1,543
Property Taxes
9%
$348
Home Insurance
3%
$117
HOA
0%
$0
Property Management
15%
$580
CapEx
4%
$155
Vacancy
0%
$0
Maintenance
4%
$155
Other
25%
$967