This property could be a profitable Airbnb investment with a projected 18.26% first-year return on $45,279 initial cash invested.
18.26%
Cash On Cash
14.21%
Cap Rate
2.12
DSCR
$3,059
Rent
$689
Cashflow
Cash Flow
$3,059 income − $2,370 expenses = $689 cash flow
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$3,059
Total Expenses
$2,370
Mortgage P&I
24%
$727
Property Taxes
4%
$129
Home Insurance
2%
$46
HOA
0%
$0
Property Management
15%
$459
CapEx
4%
$122
Vacancy
0%
$0
Maintenance
4%
$122
Other
25%
$765