This property could be a profitable Airbnb investment with a projected 14.14% first-year return on $88,161 initial cash invested.
14.14%
Cash On Cash
10.79%
Cap Rate
1.74
DSCR
$5,867
Rent
$1,039
Cashflow
Cash Flow
$5,867 income − $4,828 expenses = $1,039 cash flow
Investment Breakdown
|
Purchase Price
$334k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,161
Downpayment
20%
$66,820
Closing costs
1%
$3,341
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,867
Total Expenses
$4,828
Mortgage P&I
29%
$1,729
Property Taxes
3%
$151
Home Insurance
2%
$131
HOA
0%
$0
Property Management
15%
$880
CapEx
4%
$235
Vacancy
0%
$0
Maintenance
4%
$235
Other
25%
$1,467