This property might be a fair Airbnb investment with a projected 0.46% first-year return on $70,479 initial cash invested.
0.46%
Cash On Cash
7.2%
Cap Rate
1.12
DSCR
$3,244
Rent
$27
Cashflow
Cash Flow
$3,244 income − $3,217 expenses = $27 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,244
Total Expenses
$3,217
Mortgage P&I
41%
$1,342
Property Taxes
7%
$229
Home Insurance
3%
$88
HOA
0%
$0
Property Management
15%
$487
CapEx
4%
$130
Vacancy
0%
$0
Maintenance
4%
$130
Other
25%
$811