This property might be a fair Airbnb investment with a projected 5.41% first-year return on $78,081 initial cash invested.
5.41%
Cash On Cash
8.12%
Cap Rate
1.35
DSCR
$3,818
Rent
$352
Cashflow
Cash Flow
$3,818 income − $3,466 expenses = $352 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,081
Downpayment
20%
$57,220
Closing costs
1%
$2,861
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,818
Total Expenses
$3,466
Mortgage P&I
38%
$1,432
Property Taxes
3%
$100
Home Insurance
3%
$101
HOA
0%
$0
Property Management
15%
$573
CapEx
4%
$153
Vacancy
0%
$0
Maintenance
4%
$153
Other
25%
$954