This property could be a profitable Airbnb investment with a projected 24.62% first-year return on $39,966 initial cash invested.
24.62%
Cash On Cash
17.52%
Cap Rate
2.61
DSCR
$3,080
Rent
$820
Cashflow
Cash Flow
$3,080 income − $2,260 expenses = $820 cash flow
Investment Breakdown
|
Purchase Price
$105k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,966
Downpayment
20%
$20,920
Closing costs
1%
$1,046
Rehab
0%
$0
Furnishing
17%
$18,000
Cashflow
Total Income
$3,080
Total Expenses
$2,260
Mortgage P&I
19%
$584
Property Taxes
5%
$146
Home Insurance
2%
$52
HOA
0%
$0
Property Management
15%
$462
CapEx
4%
$123
Vacancy
0%
$0
Maintenance
4%
$123
Other
25%
$770