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1072 Birch Rd, Saginaw, MI 48609

3 beds • 2 baths • 1170 sqft

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This property looks like a bad Airbnb investment with a projected -5.05% first-year return on $65,376 initial cash invested.

-5.05%

Cash On Cash

5.31%

Cap Rate

0.85

DSCR

$2,341

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,341 income − $2,616 expenses = $275 out of pocket

Income$2,341Out of Pocket$275Mortgage P&I$1,18050%Property Taxes$23210%Insurance$803%Management$35115%CapEx$944%Maintenance$944%Other$58525%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,376

Downpayment

20%

$45,120

Closing costs

1%

$2,256

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,341

Total Expenses

$2,616

Mortgage P&I

50%

$1,180

Property Taxes

10%

$232

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

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