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1555 Schust Rd, Saginaw, MI 48604

3 beds • 2 baths • 1289 sqft

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This property looks like a bad Airbnb investment with a projected -0.38% first-year return on $53,994 initial cash invested.

-0.38%

Cash On Cash

6.86%

Cap Rate

1.09

DSCR

$2,393

Rent

-$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,393 income − $2,410 expenses = $17 out of pocket

Income$2,393Out of Pocket$17Mortgage P&I$90138%Property Taxes$29912%Insurance$613%Management$35915%CapEx$964%Maintenance$964%Other$59825%

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,994

Downpayment

20%

$34,280

Closing costs

1%

$1,714

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,393

Total Expenses

$2,410

Mortgage P&I

38%

$901

Property Taxes

12%

$299

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

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