This property could be a profitable Airbnb investment with a projected 17.45% first-year return on $49,500 initial cash invested.
17.45%
Cash On Cash
13.58%
Cap Rate
2.04
DSCR
$3,618
Rent
$720
Cashflow
Cash Flow
$3,618 income − $2,898 expenses = $720 cash flow
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$3,618
Total Expenses
$2,898
Mortgage P&I
23%
$833
Property Taxes
8%
$276
Home Insurance
1%
$52
HOA
0%
$0
Property Management
15%
$543
CapEx
4%
$145
Vacancy
0%
$0
Maintenance
4%
$145
Other
25%
$904