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1333 Hidden Oaks Ct, Flint, MI 48507

3 beds • 2 baths • 1493 sqft

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This property looks like a bad Airbnb investment with a projected -8.91% first-year return on $63,150 initial cash invested.

-8.91%

Cash On Cash

4.23%

Cap Rate

0.66

DSCR

$1,840

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,840 income − $2,309 expenses = $469 out of pocket

Income$1,840Out of Pocket$469Mortgage P&I$1,15363%Property Taxes$19711%Insurance$754%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,840

Total Expenses

$2,309

Mortgage P&I

63%

$1,153

Property Taxes

11%

$197

Home Insurance

4%

$75

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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