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1349 Ox Yoke Dr, Flint, MI 48532

3 beds • 3 baths • 3846 sqft

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This property looks like a bad Airbnb investment with a projected -3.46% first-year return on $68,379 initial cash invested.

-3.46%

Cash On Cash

5.96%

Cap Rate

0.93

DSCR

$2,789

Rent

-$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,789 income − $2,986 expenses = $197 out of pocket

Income$2,789Out of Pocket$197Mortgage P&I$1,27746%Property Taxes$28610%Insurance$843%Management$41815%CapEx$1124%Maintenance$1124%Other$69725%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,789

Total Expenses

$2,986

Mortgage P&I

46%

$1,277

Property Taxes

10%

$286

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$697

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