This property could be a profitable Airbnb investment with a projected 17.26% first-year return on $47,127 initial cash invested.
17.26%
Cash On Cash
13.7%
Cap Rate
2.04
DSCR
$3,222
Rent
$678
Cashflow
Cash Flow
$3,222 income − $2,544 expenses = $678 cash flow
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,127
Downpayment
20%
$27,740
Closing costs
1%
$1,387
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$3,222
Total Expenses
$2,544
Mortgage P&I
24%
$776
Property Taxes
5%
$160
Home Insurance
2%
$61
HOA
0%
$0
Property Management
15%
$483
CapEx
4%
$129
Vacancy
0%
$0
Maintenance
4%
$129
Other
25%
$806