This property could be a profitable Airbnb investment with a projected 18.09% first-year return on $44,250 initial cash invested.
18.09%
Cash On Cash
13.85%
Cap Rate
2.19
DSCR
$2,923
Rent
$667
Cashflow
Cash Flow
$2,923 income − $2,256 expenses = $667 cash flow
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$2,923
Total Expenses
$2,256
Mortgage P&I
23%
$659
Property Taxes
5%
$150
Home Insurance
2%
$44
HOA
0%
$0
Property Management
15%
$438
CapEx
4%
$117
Vacancy
0%
$0
Maintenance
4%
$117
Other
25%
$731