This property could be a profitable Airbnb investment with a projected 15.91% first-year return on $35,829 initial cash invested.
15.91%
Cash On Cash
15%
Cap Rate
2.21
DSCR
$2,616
Rent
$475
Cashflow
Cash Flow
$2,616 income − $2,141 expenses = $475 cash flow
Investment Breakdown
|
Purchase Price
$84,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,829
Downpayment
20%
$16,980
Closing costs
1%
$849
Rehab
0%
$0
Furnishing
21%
$18,000
Cashflow
Total Income
$2,616
Total Expenses
$2,141
Mortgage P&I
18%
$481
Property Taxes
14%
$374
Home Insurance
1%
$30
HOA
0%
$0
Property Management
15%
$392
CapEx
4%
$105
Vacancy
0%
$0
Maintenance
4%
$105
Other
25%
$654