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1492 Cammin Dr, Saginaw, MI 48638

3 beds • 2 baths • 1686 sqft

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This property looks like a bad Airbnb investment with a projected -2.52% first-year return on $66,300 initial cash invested.

-2.52%

Cash On Cash

6.39%

Cap Rate

0.98

DSCR

$2,793

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,793 income − $2,932 expenses = $139 out of pocket

Income$2,793Out of Pocket$139Mortgage P&I$1,25245%Property Taxes$2579%Insurance$823%Management$41915%CapEx$1124%Maintenance$1124%Other$69825%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,793

Total Expenses

$2,932

Mortgage P&I

45%

$1,252

Property Taxes

9%

$257

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$698

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