This property could be a profitable Airbnb investment with a projected 34.74% first-year return on $28,290 initial cash invested.
34.74%
Cash On Cash
28.82%
Cap Rate
4.48
DSCR
$2,368
Rent
$819
Cashflow
Cash Flow
$2,368 income − $1,549 expenses = $819 cash flow
Investment Breakdown
|
Purchase Price
$49,000
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,290
Downpayment
20%
$9,800
Closing costs
1%
$490
Rehab
0%
$0
Furnishing
37%
$18,000
Cashflow
Total Income
$2,368
Total Expenses
$1,549
Mortgage P&I
11%
$263
Property Taxes
6%
$132
Home Insurance
1%
$17
HOA
0%
$0
Property Management
15%
$355
CapEx
4%
$95
Vacancy
0%
$0
Maintenance
4%
$95
Other
25%
$592