This property might be a fair Airbnb investment with a projected 5.33% first-year return on $34,905 initial cash invested.
5.33%
Cash On Cash
9.51%
Cap Rate
1.52
DSCR
$1,585
Rent
$155
Cashflow
Cash Flow
$1,585 income − $1,430 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$80,500
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,905
Downpayment
20%
$16,100
Closing costs
1%
$805
Rehab
0%
$0
Furnishing
22%
$18,000
Cashflow
Total Income
$1,585
Total Expenses
$1,430
Mortgage P&I
27%
$420
Property Taxes
14%
$222
Home Insurance
2%
$28
HOA
0%
$0
Property Management
15%
$238
CapEx
4%
$63
Vacancy
0%
$0
Maintenance
4%
$63
Other
25%
$396