This property could be a profitable Airbnb investment with a projected 27.22% first-year return on $45,846 initial cash invested.
27.22%
Cash On Cash
17.5%
Cap Rate
2.63
DSCR
$3,966
Rent
$1,040
Cashflow
Cash Flow
$3,966 income − $2,926 expenses = $1,040 cash flow
Investment Breakdown
|
Purchase Price
$133k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,846
Downpayment
20%
$26,520
Closing costs
1%
$1,326
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,966
Total Expenses
$2,926
Mortgage P&I
19%
$735
Property Taxes
6%
$223
Home Insurance
2%
$63
HOA
0%
$0
Property Management
15%
$595
CapEx
4%
$159
Vacancy
0%
$0
Maintenance
4%
$159
Other
25%
$992