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115 Wilbur St SE, Wyoming, MI 49548

4 beds • 2 baths • 1635 sqft

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This property might be a fair Airbnb investment with a projected 5.55% first-year return on $76,941 initial cash invested.

5.55%

Cash On Cash

8.72%

Cap Rate

1.38

DSCR

$3,728

Rent

$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,941

Downpayment

20%

$50,420

Closing costs

1%

$2,521

Rehab

0%

$0

Furnishing

10%

$24,000

Cashflow

Total Income

$3,728

Total Expenses

$3,372

Mortgage P&I

36%

$1,327

Property Taxes

5%

$177

Home Insurance

2%

$79

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$932

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