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1538 E Cesar E Chavez Ave, Lansing, MI 48906

3 beds • 2 baths • 1056 sqft

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This property could be a profitable Airbnb investment with a projected 32.87% first-year return on $37,677 initial cash invested.

32.87%

Cash On Cash

21.2%

Cap Rate

3.36

DSCR

$3,284

Rent

$1,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$93,700

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,677

Downpayment

20%

$18,740

Closing costs

1%

$937

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$2,252

Mortgage P&I

15%

$492

Property Taxes

4%

$134

Home Insurance

2%

$50

HOA

0%

$0

Property Management

15%

$493

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$821

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