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119 Bristol Ave NW, Grand Rapids, MI 49504

4 beds • 3 baths • 2744 sqft

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This property might be a fair Airbnb investment with a projected 2.19% first-year return on $116k initial cash invested.

2.19%

Cash On Cash

7.14%

Cap Rate

1.2

DSCR

$5,470

Rent

$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$5,470

Total Expenses

$5,258

Mortgage P&I

40%

$2,187

Property Taxes

5%

$291

Home Insurance

3%

$154

HOA

0%

$0

Property Management

15%

$820

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,368

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