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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 10.13% first-year return on $57,900 initial cash invested.

10.13%

Cash On Cash

10.19%

Cap Rate

1.62

DSCR

$3,208

Rent

$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $2,719 expenses = $489 cash flow

Income$3,208Mortgage P&I$99731%Property Taxes$1174%Insurance$662%Management$48115%CapEx$1284%Maintenance$1284%Other$80225%Cash Flow$489

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

$3,208

Total Expenses

$2,719

Mortgage P&I

31%

$997

Property Taxes

4%

$117

Home Insurance

2%

$66

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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