This property could be a profitable Airbnb investment with a projected 17.09% first-year return on $51,390 initial cash invested.
17.09%
Cash On Cash
13.28%
Cap Rate
1.98
DSCR
$3,524
Rent
$732
Cashflow
Cash Flow
$3,524 income − $2,792 expenses = $732 cash flow
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,390
Downpayment
20%
$31,800
Closing costs
1%
$1,590
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$3,524
Total Expenses
$2,792
Mortgage P&I
25%
$887
Property Taxes
5%
$161
Home Insurance
1%
$52
HOA
0%
$0
Property Management
15%
$529
CapEx
4%
$141
Vacancy
0%
$0
Maintenance
4%
$141
Other
25%
$881