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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 -0.41% first-year return on $61,092 initial cash invested.

-0.41%

Cash On Cash

6.8%

Cap Rate

1.08

DSCR

$2,638

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,638

Total Expenses

$2,659

Mortgage P&I

41%

$1,078

Property Taxes

9%

$239

Home Insurance

3%

$74

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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