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1225 W Sun Oil Rd, Gladwin, MI 48624

3 beds • 3 baths • 1590 sqft

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This property looks like a bad Airbnb investment with a projected -10.58% first-year return on $91,416 initial cash invested.

-10.58%

Cash On Cash

3.51%

Cap Rate

0.59

DSCR

$2,554

Rent

-$806

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $3,360 expenses = $806 out of pocket

Income$2,554Out of Pocket$806Mortgage P&I$1,72868%Property Taxes$28111%Insurance$1265%Management$38315%CapEx$1024%Maintenance$1024%Other$63825%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,416

Downpayment

20%

$69,920

Closing costs

1%

$3,496

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$3,360

Mortgage P&I

68%

$1,728

Property Taxes

11%

$281

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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