This property might be a fair Airbnb investment with a projected 7.28% first-year return on $46,182 initial cash invested.
7.28%
Cash On Cash
9.46%
Cap Rate
1.55
DSCR
$2,436
Rent
$280
Cashflow
Cash Flow
$2,436 income − $2,156 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,182
Downpayment
20%
$26,840
Closing costs
1%
$1,342
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$2,436
Total Expenses
$2,156
Mortgage P&I
28%
$681
Property Taxes
11%
$266
Home Insurance
2%
$41
HOA
0%
$0
Property Management
15%
$365
CapEx
4%
$97
Vacancy
0%
$0
Maintenance
4%
$97
Other
25%
$609