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1334 Fuller Ave SE, Grand Rapids, MI 49506

3 beds • 2 baths • 1569 sqft

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This property could be a profitable Airbnb investment with a projected 13.24% first-year return on $57,900 initial cash invested.

13.24%

Cash On Cash

11.22%

Cap Rate

1.78

DSCR

$3,499

Rent

$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,499 income − $2,860 expenses = $639 cash flow

Income$3,499Mortgage P&I$99728%Property Taxes$1173%Insurance$662%Management$52515%CapEx$1404%Maintenance$1404%Other$87525%Cash Flow$639

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,499

Total Expenses

$2,860

Mortgage P&I

28%

$997

Property Taxes

3%

$117

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$525

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$875

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