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1104 S Drent Rd, Muskegon, MI 49442

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Airbnb investment with a projected -3.16% first-year return on $78,921 initial cash invested.

-3.16%

Cash On Cash

5.87%

Cap Rate

0.94

DSCR

$3,007

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,007 income − $3,215 expenses = $208 out of pocket

Income$3,007Out of Pocket$208Mortgage P&I$1,50650%Property Taxes$1615%Insurance$1053%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,921

Downpayment

20%

$58,020

Closing costs

1%

$2,901

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,007

Total Expenses

$3,215

Mortgage P&I

50%

$1,506

Property Taxes

5%

$161

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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