This property might be a fair Airbnb investment with a projected 2.79% first-year return on $86,754 initial cash invested.
2.79%
Cash On Cash
7.61%
Cap Rate
1.24
DSCR
$4,839
Rent
$202
Cashflow
Cash Flow
$4,839 income − $4,637 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$327k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,754
Downpayment
20%
$65,480
Closing costs
1%
$3,274
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,839
Total Expenses
$4,637
Mortgage P&I
35%
$1,681
Property Taxes
11%
$513
Home Insurance
2%
$119
HOA
0%
$0
Property Management
15%
$726
CapEx
4%
$194
Vacancy
0%
$0
Maintenance
4%
$194
Other
25%
$1,210