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144 Westover St, Ann Arbor, MI 48103

3 beds • 2 baths • 1616 sqft

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This property might be a fair Airbnb investment with a projected 6.69% first-year return on $102k initial cash invested.

6.69%

Cash On Cash

8.37%

Cap Rate

1.41

DSCR

$6,120

Rent

$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,120

Total Expenses

$5,551

Mortgage P&I

32%

$1,976

Property Taxes

8%

$497

Home Insurance

2%

$140

HOA

0%

$0

Property Management

15%

$918

CapEx

4%

$245

Vacancy

0%

$0

Maintenance

4%

$245

Other

25%

$1,530

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