This property could be a profitable Airbnb investment with a projected 12.15% first-year return on $67,182 initial cash invested.
12.15%
Cash On Cash
10.51%
Cap Rate
1.73
DSCR
$4,581
Rent
$680
Cashflow
Cash Flow
$4,581 income − $3,901 expenses = $680 cash flow
Investment Breakdown
|
Purchase Price
$234k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,182
Downpayment
20%
$46,840
Closing costs
1%
$2,342
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$4,581
Total Expenses
$3,901
Mortgage P&I
26%
$1,189
Property Taxes
9%
$420
Home Insurance
2%
$94
HOA
0%
$0
Property Management
15%
$687
CapEx
4%
$183
Vacancy
0%
$0
Maintenance
4%
$183
Other
25%
$1,145