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1117 W Kilgore Rd, Portage, MI 49024

3 beds • 3 baths • 2435 sqft

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This property looks like a bad Airbnb investment with a projected -11.92% first-year return on $86,250 initial cash invested.

-11.92%

Cash On Cash

3.13%

Cap Rate

0.52

DSCR

$2,148

Rent

-$857

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,148 income − $3,005 expenses = $857 out of pocket

Income$2,148Out of Pocket$857Mortgage P&I$1,62075%Property Taxes$24011%Insurance$1145%Management$32215%CapEx$864%Maintenance$864%Other$53725%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,148

Total Expenses

$3,005

Mortgage P&I

75%

$1,620

Property Taxes

11%

$240

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$537

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