This property could be a profitable Airbnb investment with a projected 14.08% first-year return on $37,677 initial cash invested.
14.08%
Cash On Cash
13.11%
Cap Rate
2.05
DSCR
$2,038
Rent
$442
Cashflow
Cash Flow
$2,038 income − $1,596 expenses = $442 cash flow
Investment Breakdown
|
Purchase Price
$93,700
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,677
Downpayment
20%
$18,740
Closing costs
1%
$937
Rehab
0%
$0
Furnishing
19%
$18,000
Cashflow
Total Income
$2,038
Total Expenses
$1,596
Mortgage P&I
25%
$500
Property Taxes
2%
$46
Home Insurance
3%
$70
HOA
0%
$0
Property Management
15%
$306
CapEx
4%
$82
Vacancy
0%
$0
Maintenance
4%
$82
Other
25%
$510