This property might be a fair Airbnb investment with a projected 7.73% first-year return on $52,650 initial cash invested.
7.73%
Cash On Cash
9.83%
Cap Rate
1.49
DSCR
$2,687
Rent
$339
Cashflow
Cash Flow
$2,687 income − $2,348 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,687
Total Expenses
$2,348
Mortgage P&I
34%
$906
Property Taxes
4%
$95
Home Insurance
2%
$58
HOA
0%
$0
Property Management
15%
$403
CapEx
4%
$107
Vacancy
0%
$0
Maintenance
4%
$107
Other
25%
$672