Property Details
$
Total property acquisition cost
%
%
years
$
Average rate per night
%
Expected annual occupancy
$
Per turnover
nights
%
Airbnb/VRBO service fee (typically 3%)
$
Annual
$
Annual
$
Monthly average
$
Monthly
%
% of revenue
%
% of revenue (0 if self-managing)
Monthly Cash Flow
$742
$8,899 / year after all expenses
Viable Deal
Break-even at 48% occupancy
Cash-on-Cash
9.1%
Return on your cash invested
Cap Rate
8.5%
NOI / Purchase price
Break-Even
48%
Minimum occupancy needed
Turnovers/Year
76
226 nights occupied
Financial Summary
Annual Gross Revenue$51,366
Annual Expenses
Platform Fees$1,541
Property Tax$3,500
Insurance$2,000
Utilities$2,400
Maintenance Reserve$2,568
Cleaning Costs$9,500
Total Expenses$21,509
Net Operating Income$29,856
Annual Mortgage-$20,957
Annual Cash Flow$8,899
Your Investment
Down Payment$87,500
Est. Closing Costs (3%)$10,500
Total Cash Needed$98,000
Loan Amount$262,500
Monthly Mortgage (P&I)$1,746
Frequently Asked Questions
For informational purposes only. Not financial advice. See full disclaimer