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1496 W Dodge Rd, Clio, MI 48420

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Airbnb investment with a projected -6.17% first-year return on $67,329 initial cash invested.

-6.17%

Cash On Cash

5.22%

Cap Rate

0.81

DSCR

$2,666

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,012 expenses = $346 out of pocket

Income$2,666Out of Pocket$346Mortgage P&I$1,26047%Property Taxes$39015%Insurance$823%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$3,012

Mortgage P&I

47%

$1,260

Property Taxes

15%

$390

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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