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10361 Coldwater Rd, Flushing, MI 48433

3 beds • 2 baths • 2288 sqft

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This property looks like a bad Airbnb investment with a projected -5.32% first-year return on $74,826 initial cash invested.

-5.32%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$2,676

Rent

-$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $3,008 expenses = $332 out of pocket

Income$2,676Out of Pocket$332Mortgage P&I$1,38052%Property Taxes$2399%Insurance$1054%Management$40115%CapEx$1074%Maintenance$1074%Other$66925%

Investment Breakdown

|

Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,826

Downpayment

20%

$54,120

Closing costs

1%

$2,706

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$3,008

Mortgage P&I

52%

$1,380

Property Taxes

9%

$239

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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