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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 -5.6% first-year return on $65,376 initial cash invested.

-5.6%

Cash On Cash

5.14%

Cap Rate

0.82

DSCR

$2,281

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,281 income − $2,586 expenses = $305 out of pocket

Income$2,281Out of Pocket$305Mortgage P&I$1,18052%Property Taxes$23210%Insurance$804%Management$34215%CapEx$914%Maintenance$914%Other$57025%

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

$2,281

Total Expenses

$2,586

Mortgage P&I

52%

$1,180

Property Taxes

10%

$232

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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