This property could be a profitable Airbnb investment with a projected 13.94% first-year return on $72,642 initial cash invested.
13.94%
Cash On Cash
10.95%
Cap Rate
1.78
DSCR
$4,946
Rent
$844
Cashflow
Cash Flow
$4,946 income − $4,102 expenses = $844 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,642
Downpayment
20%
$52,040
Closing costs
1%
$2,602
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,946
Total Expenses
$4,102
Mortgage P&I
27%
$1,333
Property Taxes
6%
$303
Home Insurance
2%
$92
HOA
0%
$0
Property Management
15%
$742
CapEx
4%
$198
Vacancy
0%
$0
Maintenance
4%
$198
Other
25%
$1,236