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1410 Connecticut Ave, Marysville, MI 48040

3 beds • 2 baths • 1543 sqft

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This property looks like a bad Airbnb investment with a projected -15.96% first-year return on $60,693 initial cash invested.

-15.96%

Cash On Cash

2.01%

Cap Rate

0.31

DSCR

$1,182

Rent

-$807

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,182 income − $1,989 expenses = $807 out of pocket

Income$1,182Out of Pocket$807Mortgage P&I$1,10093%Property Taxes$25722%Insurance$655%Management$17715%CapEx$474%Maintenance$474%Other$29625%

Investment Breakdown

|

Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,693

Downpayment

20%

$40,660

Closing costs

1%

$2,033

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,182

Total Expenses

$1,989

Mortgage P&I

93%

$1,100

Property Taxes

22%

$257

Home Insurance

6%

$65

HOA

0%

$0

Property Management

15%

$177

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$296

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