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158 Salzburg Rd, Bay City, MI 48706

3 beds • 2 baths • 1231 sqft

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This property looks like a bad Airbnb investment with a projected -3.77% first-year return on $61,092 initial cash invested.

-3.77%

Cash On Cash

5.72%

Cap Rate

0.91

DSCR

$2,305

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $2,497 expenses = $192 out of pocket

Income$2,305Out of Pocket$192Mortgage P&I$1,07847%Property Taxes$23910%Insurance$743%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,092

Downpayment

20%

$41,040

Closing costs

1%

$2,052

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,305

Total Expenses

$2,497

Mortgage P&I

47%

$1,078

Property Taxes

10%

$239

Home Insurance

3%

$74

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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