This property might be a fair Airbnb investment with a projected 9.84% first-year return on $83,541 initial cash invested.
9.84%
Cash On Cash
9.72%
Cap Rate
1.54
DSCR
$5,096
Rent
$685
Cashflow
Cash Flow
$5,096 income − $4,411 expenses = $685 cash flow
Investment Breakdown
|
Purchase Price
$312k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,541
Downpayment
20%
$62,420
Closing costs
1%
$3,121
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$5,096
Total Expenses
$4,411
Mortgage P&I
32%
$1,640
Property Taxes
4%
$192
Home Insurance
2%
$112
HOA
0%
$21
Property Management
15%
$764
CapEx
4%
$204
Vacancy
0%
$0
Maintenance
4%
$204
Other
25%
$1,274