This property might be a fair Airbnb investment with a projected 1.49% first-year return on $64,368 initial cash invested.
1.49%
Cash On Cash
7.47%
Cap Rate
1.16
DSCR
$2,695
Rent
$80
Cashflow
Cash Flow
$2,695 income − $2,615 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,368
Downpayment
20%
$44,160
Closing costs
1%
$2,208
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,695
Total Expenses
$2,615
Mortgage P&I
44%
$1,186
Property Taxes
2%
$58
Home Insurance
3%
$77
HOA
0%
$0
Property Management
15%
$404
CapEx
4%
$108
Vacancy
0%
$0
Maintenance
4%
$108
Other
25%
$674